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Official News

Wednesday, 10 June 2015

Government Holds Regular Meeting

The Government approved a bill on amendments to the Law on License Fees, which suggests replacing the turnover tax applicable to gold markets with license fees, with a maximum amount set at AMD35 thousand in Yerevan, AMD25 thousand - in Marz centers and 0 dram - in border areas. Prime Minister Hovik Abrahamyan highlighted the amendment in the context of support for the jewelry sector. The Government made amendments to the 2015 State budget law and its earlier decisions, according to... more »

Tuesday, 9 June 2015

Discussion of 2016-2018 budget expenditure funding indicative quotas complete

Chaired by Prime Minister Hovik Abrahamyan, the Government continued and finished discussing budget expenditure funding indicative quotas for 2016-2018. In particular, submitted and discussed were the 2016-2018 budget expenditure funding indicative quotas for the following public agencies: the Cabinet Office, Ministry of Territorial Administration and Emergency Situations, Ministry of Transport and Communications, Ministry of Economy, Ministry of Culture, Ministry of Sport and Youth... more »

Tuesday, 9 June 2015

PM Receives Nairit Employees

Prime Minister Hovik Abrahamyan received a group of Nairit employees and once again listened to their concerns. Discussed were issues related to the payment of wages and the re-commissioning of Nairit. The Prime Minister advised that a consultation held with the President of the Republic of Armenia had resulted in a decision to procure funds by July 15, 2015 in order to pay off the wage arrears accumulated over years. The Premier further said that Minister of Energy and Natural... more »

Monday, 8 June 2015

Government discusses budget expenditures financing indicative quotas for 2016-2018

Chaired by Prime Minister Hovik Abrahamyan, Government started discussing budget expenditures financing indicative quotas for 2016-2018. In particular, presented and discussed were the budget expenditures financing indicative quotas for 2016-2018 of the following public agencies: President’s Office, Ministry of Energy and Natural Resources, Ministry of Nature Protection, Ministry of Diaspora, Ministry of Urban Development, Ministry of Agriculture, Yerevan Town Hall, National... more »

Monday, 8 June 2015

Prime Minister Hovik Abrahamyan pays tribute to statesman, politician, Smbat Ayvazian’s memory

On the anniversary of demise of statesman and political figure Smbat Ayvazyan, Prime Minister Hovik Abrahamyan visited Yerablur Pantheon and laid a wreath at the tomb of Smbat Ayvazyan to pay tribute to his memory.  

Monday, 8 June 2015

Amended, finalized contract of sale of property of Vorotan Hydroelectric Complex signed in Government

Attended by Prime Minister Hovik Abrahamyan, the amended and finalized contract of sale of property of Vorotan Hydroelectric Complex was signed in the Office of Government between the Republic of Armenia, Vorotan Hydroelectric Complex, Contour Global Hydro Cascade, Contour Global Terra Holdings and CG Solutions Global Holding Company. The document was signed by Minister of Energy and Natural Resources Yervand Zakharyan, Contour Global Hydro Cascade and Contour Global Terra Holdings... more »

Friday, 5 June 2015

North-South Road Corridor and Sustainable Urban Development Investment Programs Governing Council Holds Meeting

Prime Minister Hovik Abrahamyan chaired a meeting of the North-South Road Corridor and Sustainable Urban Development Investment Programs Governing Council. Proceeding to the agenda, the Council referred to the competition process for the procurement of construction activities for Argavand-Shirak road section at the Yerevan western bypass road under the Sustainable Urban Development Investment Program Tranche 2. Argavand-Shirak road section was reported to be 1.3 km long, including a... more »

Friday, 5 June 2015

Tax reform discussion continues

Chaired by Prime Minister Hovik Abrahamyan, a discussion was held today on tax reform in the Office of Government, attended by the representatives of the agencies responsible. In particular, they discussed the value added tax-related analyses and the recommendations elaborated in the framework of the ongoing work on development of the Tax Code. In addition, reference was made to the proposals on amendments to the laws Profit Tax and Licensing Fees. Summing up the discussion, the Prime... more »

Thursday, 4 June 2015

Armenia Youth Foundation Board of Trustees Holds Meeting

Chaired by Prime Minister Hovik Abrahamyan, today a meeting of the Board of Trustees of the Youth Foundation of Armenia (YFA) was held in the Government. Under the first agenda item, the meeting discussed and approved the Foundation’s annual report for 2014. Over 400 programs were reported complete in the following areas: education and science, healthy lifestyle, socio-economic and employment issues, spiritual, patriotic and cultural education, international cooperation, as well as... more »

Thursday, 4 June 2015

Armenia in for Abundant Fruit, Vegetables Harvest

A Cabinet sitting was held today, chaired by Prime Minister Hovik Abrahamyan. According to instructions issued by the Prime Minister at the previous meeting, a report was delivered by Minister of Agriculture Sergo Karapetyan. He first touched upon the spring hailstorms and the damage caused by them, noting that commissions are operational in all communities to assess the scope of the damage. Then the Minister described the agricultural year as good as a whole. As a result of rains... more »

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