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Clashes in Ijevan. Armenian government trying to understand who is guilty and what to do
... trapping hundreds of vehicles. They demanded from the authorities to remove stations that monitor illegal forest cutting in Ijevan and Tavush province and to keep turning a blind eye to their illegal activity. The police's attempts to unblock the road ... ... a result. Pashinayn condemned the protesters' violent conduct. He said that they tried to impose illegal conditions on the government. He said that such attempts will receive a tough response. The premier asked Deputy Police Chief Vardan Movsisyan ...
07/18/2019Head of Ijevan Wine and Brandy Factory CJSC: people who move forward always win in times of crisis
... share, because at one time it was difficult to realize due to intense competition and employment. Question: Do you count on the government assistance? What specific activities could support the business in this situation? A. Yegoryan: I would like to say ... ... 2020. Thanks to loans issued at a 0% rate, which are already available to us, the latest equipment will be purchased for the Ijevan Wine and Brandy Factory. Question: How would you characterize the situation in this area, especially in Armenia? Is there ...
05/19/2020Government releases 3.1 billion drams for major repair of road section and two bridges
... drams for a major repair of a road section and two bridges in the country's regions. YEREVAN, March 31. /ARKA/. The Armenian government decided today to release 3.1 billion drams for a major repair of a road section and two bridges in the country's regions.... ... Shamut and Atan communities. One of the bridges chosen for the repair is located on the 14th kilometer of the Yerevan-Sevan-Ijevan road. The second bridge is located near the Teghut village on the Yerevan-Sevan-Ijevan road. He also said that the repair ...
03/31/2022Armenian government approves draft budget for 2011
The Armenian government has approved today a draft budget for 2011. The decision was made at an out session in Ijevan, the administrative center of Tavush province. IJEVAN, September 30, /ARKA/. The Armenian government has approved today a draft budget for 2011. The decision was made at an out session in Ijevan, the administrative center of Tavush province. Finance minister Tigran Davtian said the GDP is projected at 3.763 trillion Drams, by 4.6% more than ...
09/30/2010Ruling Civil Contract party loses local government election in Kapan
... According to CEC, the bloc was backed by 13,962 voters. The Civil Contract party of Prime Minister Nikol Pashinyan received 5,791 votes. In Kapan, out of 31,673 registered voters, only 12, 383 people participated in the voting. Elections to local self-government bodies were held in five communities of four regions – Stepanavan (Lori), Kapan (Syunik), Ijevan (Tavush). In Arzni (Kotayk) and Lermontovo (Lori) communities the elections were held under the majoritarian system. In other communities - by proportional (party lists) system. In the town of Ijevan, the Civil Contract party won with an absolute ...
11/15/2021Armenian government allocates 2.5 billion drams for construction of four football academies
... four football academies in the capital Yerevan and three other provincial towns. YEREVAN, December 29. /ARKA/. The Armenian government decided today to allocate 2.5 bln drams for the construction of four football academies in the capital Yerevan and ... ... 5bln drams. The academies will be built in Yerevan's administrative district Davitashen as well as in Artashat, Martuni and Ijevan. According to President of the Football Federation of Armenia Armen Melikbekyan, new stadiums with a capacity of up to ...
12/29/2022Armenian government releases 8.9 billion drams for road reconstruction
... today the release of 8.9 billion drams for the reconstruction of highways in 2021. YEREVAN, July 22. /ARKA/. The Armenian government has approved today the release of 8.9 billion drams for the reconstruction of highways in 2021. Acting Minister of ... ... importance running from Yerevan to Meghri on the Iranian border and the other part on the repair of roads running from Yerevan to Ijevan and the Azerbaijan border and from Sevan to Getap in Gegharkunik province. In addition, according to him, the road to the ...
07/22/2021Barclays presents research on Armenia's economy for investors
Armenia’s government is moving decisively towards much-needed structural measures, and although it remains to be seen if the political will is there to ultimately transform Armenia’s economy, some improvements are already noticeable, according to a Barclays' ...
11/13/2019Armenian government to allocate about 150 billion for necessary preparations for victories in post-crisis world
The Armenian government will allocate about 150 billion drams not to counter this crisis, but for necessary preparations for victories in the post-crisis world, Armenian Prime Minister Nikol Pashinyan said Tuesday night in his address to the population. "The ...
03/25/2020President Serzh Sargsyan meets with members of new government
President Serzh Sargsyan visited today the Government House and at the first session of the newly formed government met with the prime minister and the newly appointed ministers. YEREVAN, October 6. /ARKA/. President Serzh Sargsyan visited today the Government House and at the first session ...
10/06/2016Some 6.8 bln drams worth subvention projects implemented in Tavush in 2018-2022, and applications for 6.1 billion drams worth projects submitted for 2023
... drams a year earlier. YEREVAN, April 28. /ARKA/. Armenian Prime Minister Nikol Pashinyan paid a working visit today to Ijevan, the administrative center of Tavush province, where he was told that the province's own revenues in 2022 amounted to 1.... ... subvention projects were implemented in the region in 2018-2022 worth 6.86 billion, drams. Of that amount 59.8% were provided by the government, 34.8% by communities and the rest by other investors. The projects involved pavement of local roads with asphalt, ...
04/28/2023Over 30 houses damaged in Tavush province in Azerbaijani troops’ shelling – governor (VIDEO)
... and the city of Berd in the Tavush region, Hayk Chobanyan, the governor of the Tavush peovince, said Thursday at a briefing in Ijevan. "During the morning, more than 10 houses were damaged in our settlements, as well as some infrastructures. I would ... ... wounded among the civilian population," Chobanyan said. He said that in the morning discussions were being held with the government and a commission had been set up to gauge the damage caused by the shelling, which would provide reports every day....
07/16/2020Raex-Europe confirms at ‘BB-’ ratings of Armenia, rating outlook is positive.
RAEX-Europe said it has confirmed the sovereign government credit rating (SGC) of Armenia at ‘BB-’ (sufficient level of creditworthiness of the government) in national currency and at ‘BB-’ (sufficient level of creditworthiness of the government) in foreign currency. YEREVAN, January 16, ...
01/16/2020Fitch Revises Outlook on Armenia to Negative; Affirms at 'BB-'
... growth from 7.6% in 2019 to 0.5% this year (a 4.4pp downward revision since our last review six months ago). Growth accelerated in 2H19 to 7.9%, and momentum remained strong in 2M20, providing some offset to the sharp contraction expected in 2Q20. The government has announced a state of emergency, with a support package totalling 2.3% of GDP, and the central bank has cut interest rates by 25bp to 5.25% following a fall in inflation to an average -0.1% in the first two months of 2020. Fitch projects ...
04/04/2020Key aspects of government program: consolidation of Armenian communities worldwide and protection of investors
The Armenian Cabinet ministers gathered Wednesday for giving their approval to the government’s new program. YEREVAN, October 20. /ARKA/. The Armenian Cabinet ministers gathered Wednesday for giving their approval to the government’s new program. Key focuses and approaches are outlined in the program though without particular ...
10/20/2016Armenian PM says he is freesing in government dacha
... complained at a government session that government dachas are poorly heated. YEREVAN, 12 December. /ARKA/. Armenian Prime Minister Nikol Pashinyan complained at a government session that government dachas are poorly heated. ‘The residences of government members are poorely heated. In winter, those who live there think about asking for wood stoves to be sent from Ijevan (Pashinyan's native town) so that they can then put a chimney out the window,’ he said. Pashinyan then added that the issue is not that he is cold, but that the money from the state budget is being spent to buy natural gas for heating, and the ...
12/12/2024Pashinyan speaks about advantages of tax code and prospects of industrialization in Armenia
On Saturday, Armenian Prime Minister Nikol Pashinyan attended the My Step for Shirak Marz economic forum in Gyumri, the press office of the government reports. YEREVAN, July 22. /ARKA/. On Saturday, Armenian Prime Minister Nikol Pashinyan attended the My Step for Shirak Marz economic forum in Gyumri, the press office of the government reports. The premier first toured the exhibition,...
07/22/2019Armenia boasts one of the best economic growth among Eurasian Economic Union member countries
... our country is 38th among 190 countries in the World Bank’s Doing Business 2017 report having improved its position by five notches? Cherekaev – The Eurasian Development Bank, which manages the EFSD, ranks highly the progress made by the Armenian government in creation of favorable environment for businesses. I’d like to put special emphasis on the government’s efforts to provide businesses with access to energy networks and to cut the time necessary for getting permission for construction....
07/03/2017Government press service provides media with information on topical; Issues
At the order of Armenian Prime Minister Tigran Sargsyan the government press service has sent detailed information to all media outlets about several issues for which the government is being criticized by the opposition and media YEREVAN, June 27. /ARKA/. At the order of Armenian Prime Minister Tigran Sargsyan ...
06/27/2013Ensuring transparency to be one of main focuses in Armenian government activities
Ensuring transparency of government work will be one of the main focuses in government activities, the Prime-Minister of Armenia Tigran Sargsian said at the government sitting Thursday. YEREVAN, April 17. /ARKA/. Ensuring transparency of government work will be one of the main ...
04/18/2008Zangezur Copper and Molybdenum Combine may offer Armenian government's stake in IPO - Pashinyan
The Armenian government's stake in the Zangezur Copper and Molybdenum Combine (ZCMC) may be put up for an IPO, Armenian Prime Minister Nikol Pashinyan said at a government meeting on Thursday. YEREVAN, December 20. /ARКА/. The Armenian government's stake in ...
12/20/2024Armenian government approves first long-term development program
The Armenian government approved today the first long-term economic development program with the total budget of 50 billion drams (about $100 million). YEREVAN, May 21. /ARKA/. The Armenian government approved today the first long-term economic development program ...
05/21/2020Armenian government to start searching real owners of companies
The Armenian government intends to do whatever is necessary to reveal real owners of companies. The press office of the Armenian government quoted Justice Minister Rustam Badasyan as saying at a news conference that the government is stuck to its commitments under ...
10/30/2019Experts say lack of clear numbers in Armenian government’s action plan is not drawback
Lack of clear figures in the plan of actions, unveiled by Prime Minister Nikol Pashinyan's government should not be looked at as drawback, said today Gagik Makaryan, the head of the National Union of Employers, while commenting on the government’s program. YEREVAN, June 4. /ARKA/. Lack of clear figures in the plan of actions, unveiled ...
06/04/2018Armenian government holds first session behind closed doors
The Armenian government held today the first closed session over the last 10 years to discuss as many as 72 issues. YEREVAN, April 12. /ARKA/. The Armenian government held today the first closed session over the last 10 years to discuss as many as 72 issues....
04/12/2018‘Imminent’ resignation of Armenian government anticipated
The ‘imminent’ resignation of the government of Armenian prime minister Hovik Abrahamyan is believed to be as a forgone conclusion and according to media speculation he will be succeeded by a technocrat Karen Karapetyan. YEREVAN, September 7. /ARKA/. The ‘imminent’ resignation ...
09/07/2016Offshore participants in government procurements ought to reveal their owners
Russia’s government has approved the package of legislative changes which make offshore companies’ access to the state’s money more complicated. YEREVAN, July 17. /ARKA/. Russia’s government has approved the package of legislative changes which ...
07/17/2014A Second Wave of the Crisis in Armenia is Not Likely
... order to achieve the maximum effect? N. Oomes: The budget deficit in percent of GDP is expected to be around 7,5% in 2009, and 6% in 2010. In our view, having a 6% deficit in 2010 is reasonable and feasible. On the one hand, it is important for the government to gradually reduce the deficit, because at some point of time it will have to repay its debts. On the other hand, the IMF advices most countries not to reduce the deficit too sharply, because this could risk delaying or even preventing the ...
12/16/2009RAEX-Europe confirms credit ratings of Armenia at ‘BB-; outlook changed from stable to negative
RAEX-Europe confirmed the sovereign government credit rating (SGC) of Armenia at ‘BB-’ (sufficient level of creditworthiness of the government) in national currency and at ‘BB-’ (sufficient level of creditworthiness of the government) in foreign currency. YEREVAN, January 13,...
01/13/2021Armenia: making the velvet revolution work - Global Finance
Armenia’s popular new government is undertaking an ambitious economic overhaul. The early reviews are good, writes Global Finance in an extensive story. YEREVAN, October 11. /ARKA/. Armenia’s popular new government is undertaking an ambitious economic overhaul. The ...
10/14/2019IMF expects Armenia's economic growth to accelerate in 2019
... Director of the Middle East and Central Asia Department at the International Monetary Fund, speaks about the IMF expectations regarding Armenia, as well as what recommendations and reforms it plans to implement. Question - The challenges facing the Government of Armenia were identified (fighting against corruption, improving business climate, mobilizing tax revenue, maintaining macroeconomic and financial stability in the upcoming years) earlier this year. Half a year later, do you think that the ...
08/29/2019International financial institutions welcome Armenian government’s investment policy of 'open doors'
The international financial institutions welcome Armenian government’s investment policy of 'open doors', the World Bank and the International Financial Corporation (IFC) say in a joint press release. YEREVAN, November 20. /ARKA/. The international financial institutions welcome Armenian government’s ...
11/20/2015Second Armenian president opposed to accumulative pension system’s mandatory component
... the obligatory accumulative pension system in 2005m,” he said. “I couldn’t’t palm off with apologies, for sure. And crises are coming periodically, and, as a rule, emerge when nobody expects them.” Under the reform plan approved by the government years ago, Armenia was to switch to the new system in January 2010 whereby the amount of monthly benefits paid to retired citizens will depend on their and their employers’ contributions to the fund. People will send to their accumulative ...
01/13/2014Armenian opposition lashes out at government’s program
On Monday prime minister Tigran Sargsyan presented his government’s plan of actions for 2013-2017 to parliament’s consideration. The prime minister had to answer a long string of questions from MPs. Today the parliament continued debates over the program with opposition MPs lashing out at it again. ...
05/21/2013Citizens suggestions on government program posted on official site
Views and proposals made by citizens on the draft government program approved by the government yesterday have been posted on the official website of the Armenian Government – www.gov.am, the government press service reported. YEREVAN, April 29. /ARKA/. Views and proposals made by citizens on the ...
04/30/2008Armenian opposition starts protest march in Yerevan
... protests across Armenia for five days and then organize a big rally on May 1. "Time is short, we need to overthrow this 'government of evil ' as soon as possible," Saghatelyan said, arguing that the issue of Armenian and Artsakh statehood is ... ... opposition MPs, public figures and bloggers have joined the procession. Earlier today, a group of protesters set out from the town of Ijevan, 140 km away from the capital Yerevan. They plan to reach the capital in five days. Two MPs from Hayastan alliance - Gegham ...
04/25/2022Opposition party urges Armenian government to re-impose nationwide lockdown and distribute money to all households
The leader of the parliamentary opposition Bright Armenia party Edmond Marukyan argued today that the government should re-imposes a nationwide lockdown to stop the accelerating spread of coronavirus and distribute financial assistance to every citizen so that people stay at home. YEREVAN, June 5. /ARKA/. The leader of the parliamentary opposition ...
06/05/2020Armenian government to support companies that did not lay off their workers and preserved salary funds
Armenian employers who have not laid off their workers and managed to preserve their salary funds during the coronavirus pandemic will again receive government assistance, Prime Minister Nikol Pashinyan said at a government meeting on Thursday. YEREVAN, May 14. /ARKA/. Armenian employers who have not laid off their workers and managed to preserve their salary funds during the coronavirus ...
05/14/2020Central Bank names possible source of Armenian government aid package of 150 billion drams
In comments on Armenian Prime Minister Nikol Pashinyan’s statement that his government will provide an aid package to businesses worth 150 billion (over $300 million) conditioned by the coronavirus crisis, Central Bank Board member Arthur Stepanyan said today the government is well aware which sectors of the economy are the most ...
03/20/2020Armenian premier points out main allies of government in economic revolution
Armenian Prime Minister Nikol Pashinyan attended "My Step for Aragatsotn Marz" Investment Forum, the press office of the Armenian government reports. Addressing the forum, the prime minister spoke about the country’s current economic situation and stressed that this year is the first full economic year where his government is politically responsible for the economic situation....
10/14/2019Government of Armenia approves its plan of actions for 2019-2023
The government of Armenia approved today its plan of actions for 2019-2023. YEREVAN, May 16. /ARKA/. The government of Armenia approved today its plan of actions for 2019-2023. On the economic side, the government plans to eliminate obstacles for ...
05/16/2019IMF welcomes Armenian government’s decision to effect new pension system
The International Monetary Fund (IMF) welcomes the decision of the Armenian government to effect a new funded pension system, the IMF Resident Representative in Armenia Yulia Ustyugova said in a televised interview. YEREVAN, June 15. /ARKA/. The International Monetary Fund (IMF) welcomes the decision of the Armenian government ...
06/15/2018Government’s share of social security payment tax in mandatory funded pension system to be increased to 7.5% in Armenia
The Armenian government decided Monday at its extraordinary session to raise the government’s share of the social security payment tax in the mandatory funded pension system from 5% to 7.5%. YEREVAN, June 12. /ARKA/. The Armenian government decided Monday at ...
06/12/2018Dashnaktsutyun does not seek ministerial posts in new government
The Armenian Revolutionary Federation (Dashnaktsutyun) does not seek ministerial portfolios in the government, which is expected to be formed by opposition leader Nikol Pashinyan, but will help it in implementing its plan of measures, the head of the Dashnaktsutyun faction in parliament Armen Rustamyan said at a briefing today. YEREVAN, May ...
05/07/2018Expert says Armenian government’s bill destroys its accountability to society
A bill drafted by Armenia’s justice ministry stipulating that cabinet meetings must be held behind the closed doors will destroy all the mechanisms that are being used to make the government accountable to the society, Shushan Doydoyan, the head of the Freedom of Information Center, told a news conference today. YEREVAN, February 9. /ARKA/. A bill drafted by Armenia’s justice ministry stipulating that cabinet meetings must ...
02/09/2018ARF may replace its ministers in coalition government
The Armenian Revolutionary Federation/Dashnaktsutyun (ARF), a member of the coalition government together with ruling Republican Party of Armenia (HHK), may replace its ministers in the new government or assume other portfolios, Armen Rustamyan, head of ARF parliamentary faction, told reporters today. YEREVAN, September 16. /ARKA/....
09/16/2016Armenian parliament to consider vesting ministerial powers in government apparatus
The Armenian government on Wednesday decided to send to the National Assembly’s consideration the amended law on the structure of the government that will vest, if approved, the Cabinet’s apparatus with ministerial powers. YEREVAN, May 8. /ARKA/. The Armenian ...
05/08/2013Armenian government to provide 20bln guarantees for constrution development
The task group formed at the Armenian Government decided to provide government guarantees to the developers that carried out 20bln AMD construction at the first stage. YEREVAN, April 13. /ARKA/. The task group formed at the Armenian Government decided to provide government guarantees to ...
04/13/2009IMF ready to help Armenia in case of need
.... However, we do not think that the situation in Russia will be similar to that during the 1998 default. The current situation is quite different because the Central Bank of the Russian Federation has huge foreign exchange reserves, and the Russian Government has huge financial resources to support the banking system, which is actually being done there. A certain growth slowdown there is, course, being forecast, but I do not think that the consequences will be too grave for Armenia. Question: Does ...
11/10/2008ARMENIA’S GOVERNMENT PLANS TO PROVIDE 8-10% ANNUAL GDP GROWTH IN 2007-2012
Armenia’s Government plans to provide 8-10% annual GDP growth in 2007-2012, runs the action plan of the RA Government submitted to the Parliament on Tuesday. YEREVAN, June 26. /ARKA/. Armenia’s Government plans to provide 8-10% annual GDP growth in 2007-2012,...
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