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Official News

Tuesday, 23 October 2012

PM Reported About Serious Abuses Committed By Water User Companies

At the Prime Minister’s recommendation, the Financial Control Inspectorate of the Ministry of Finance conducted a study with Musaler, Masis, Nairi and Ashtarak water user companies and identified numerous violations • All the inspected companies lacked irrigation water supply quota-related legal acts, regulations, internal policies and gauging devices, i.e., the mechanism of calculating the quantity of water supplied is absent. • The receivable accounts were written... more »

Tuesday, 23 October 2012

IT Sector Maintains Sustained Develops Dynamics

Chaired by Prime Minister Tigran Sargsyan, the Information Technology Development Support Council held a regular meeting at “Synopsis” headquarters. EIF Director Bagrat Yengibaryan introduced the latest developments in the field of information technologies. In particular, the IT sector was said to have grown 25% this year as compared to 2011. Instead of last year’s 281 operators there are currently 350 entities operational in this area. The annual turnover is expected to... more »

Tuesday, 23 October 2012

18-Point Improved Ranking Ensures 32nd Position For Armenia In Doing Business-2013 Report

According to the World Bank’s Doing Business-2013 annual report, Armenia has improved its ranking by 18 points, going up to the 32nd position, which is the highest-ever standing of our country. This was stated by First Deputy Minister of Economy Karine Minasyan at the Prime Minister-chaired meeting of the Information Technology Development Support Council which was held at the headquarters of Synopsis Armenia. “This year we have had an unprecedented improvement: we are ranked... more »

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