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Official News

Thursday, 2 February 2017

PM stresses the need to initiate legislative changes aimed at criminalizing the offense of deliberate evasion of taxes, duties or other mandatory payments

A regular Cabinet meeting was held today, chaired by Prime Minister Karen Karapetyan. Before proceeding to the agenda, the Prime Minister gave a number of instructions. The Premier’s first recommendation concerned the measures aimed at encouraging and developing entrepreneurship. According to the Head of Government, the provision of favorable conditions aimed at improving the business environment by public authorities and the launch of such measures as may ensure unimpeded... more »

Wednesday, 1 February 2017

Prime Minister Pays Working Visit to Kotayk Marz

 Prime Minister Karen Karapetyan paid a working visit to Kotayk Marz of Armenia. The Head of Government discussed problems and development prospects with Governor of Kotayk Marz Karapet Guloyan, community heads and local businessmen in Tsaghkadzor. Kotayk Marz Governor Karapet Guloyan presented the main economic indicators, including the measures to stimulate economic activity, as well as a number of planned projects in the province. The Governor noted that active efforts are being... more »

Wednesday, 1 February 2017

USD 2.4 Billion-Worth Investment Projects Submitted to Government

Prime Minister Karen Karapetyan traveled today to Kotayk Marz of Armenia to discuss problems and development prospects with community leaders and businessmen. To begin with, the Premier advised that during this week the ministries and government agencies will submit summary investment programs, which will be made public next week. “The Government Staff has examined USD2.4 billion-worth 471 investment projects, of which 345 are deemed to be feasible in 2017 to a total cost of... more »

Wednesday, 1 February 2017

Unified Appeals Commission of Inspection Bodies Holds Meeting

Chaired by Prime Minister Karen Karapetyan, the Unified Appeals Commission of Inspection Bodies of the Republic of Armenia met today in the Office of Government. The Commission considered two applications against the decisions taken by the Commission on Complaints of Tax and Customs authorities of the State Revenue Committee by the Government of the Republic of Armenia. After hearing the arguments and evidence submitted, the Commission decided to satisfy the complaint of one of the... more »

Tuesday, 31 January 2017

Prime Minister underscores the need to clearly and precisely formulate priorities for 2017

Chaired by Prime Minister Karen Karapetyan, the Government continued discussing public agency performance reports for 2016, including their compliance with the government’s action plan for 2016, priorities and assessed performance. Reports were delivered by the following entities: Ministry of Education and Science, Ministry of Agriculture, Ministry of Territorial Administration and Development, Ministry of Transport, Communications and Information Technologies, State Committee on... more »

Monday, 30 January 2017

PM Chairs Discussion on Procedure for Payment of Royalties by Mining Enterprises

Chaired by Prime Minister Karen Karapetyan and attended, by the heads of the agencies concerned a consultation was held in the Office of Government to discuss the Tax Code-established procedure for payment of royalties by mining companies. Responding to the concerns expressed by business entities and based on the current market conditions, the Government decided to comply with the proposals voiced during the meeting and envisage seamless changes to the Tax Code, which is to be effective... more »

Monday, 30 January 2017

Government Continues to Discuss 2016 Performance Reports

Chaired by Prime Minister Karen Karapetyan, the Government continued discussing public agency performance reports for 2016, including their compliance with the government’s action plan 2016, priorities and assessed performance. Reports were delivered by the Minister of Nature Protection, Minister of Economic Development and Investment, the Head of State Property Management Department and the Head of State Committee for Urban Development. Minister of Nature Protection Artsvik... more »

Saturday, 28 January 2017

Karen Karapetyan: “We should be short of days to complete the reforms”

Prime Minister Karen Karapetyan held a consultative meeting to discuss progress in the implementation of the government program. The Prime Minister said that the works should be based on procedures, expected per-agency investment, performance discipline, timing, as well as on State property management, alienation and public feedback. Karen Karapetyan asked the Ministers about the progress in the activities aimed at implementing the government program. The Prime Minister also spoke about... more »

Friday, 27 January 2017

“If you know what you want to get, then you have a chance of getting it” - Prime Minister discusses development prospects with the heads of community in Armavir Marz

Prime Minister Karen Karapetyan traveled to Armavir Marz. Attended by the Prime Minister, a groundbreaking ceremony for a new jewelry factory was held in Musaler community. The factory was built by Bagezyan Co., which is currently involved in Meridian free economic zone and intends to expand its business activities in Armenia through the construction of the new plant. The factory is expected to provide 500-600 new jobs, with the first building to be ready for operations later this year. The... more »

Friday, 27 January 2017

Further Development of Armenian-Kuwaiti Economic Relations in Focus

Prime Minister Karen Karapetyan received newly appointed Ambassador Extraordinary and Plenipotentiary of the State of Kuwait to the Republic of Armenia Nawaf Alenezi. Congratulating the Ambassador on assuming his diplomatic mission, the Prime Minister expressed his government’s willingness to further develop and strengthen bilateral relations. Highly appreciative of the ongoing cooperation between Armenia and Kuwait, Karen Karapepyan highlighted the potential for deepening and... more »

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