Prime Minister Nikol Pashinyan today chaired a consultation in the Office of Government to discuss the program of restoration of economic growth. In particular, reference was made to the problems facing the export-oriented industries, capital investments, construction and tourism. In this context, it was mentioned that the program provides additional toolkits to boost the economy. A number of proposals and recommendations were voiced during the exchange of views that followed. Prime...
Prime Minister Nikol Pashinyan today chaired a consultation, which discussed the annual performance report of the Ministry of Finance for 2019. Minister of Finance Atom Janjughazyan reported on the activities aimed at improving the fiscal policy, effective management of finances and state debt, introduction of an accounting and reporting system, organizing trainings aimed at building capacity in the system of public administration, optimization of structural units. The meeting also...
A Cabinet meeting was held today, chaired by Prime Minister Nikol Pashinyan. Taking into account the recent escalation on the Armenian-Azerbaijani border and the need to compensate for the shelling-caused damage to border community residents in the Tavush region of Armenia, the Government decided to allocate AMD 25 million to the regional administration. The reference note says that at least 150 million drams will be required to compensate for the property damage caused to the residents...
Prime Minister Nikol Pashinyan held a phone conversation with the UN Secretary General Antonio Guterres on the latter's initiative. Prime Minister Nikol Pashinyan underscored that Armenia highly appreciates the constant attention the Secretary General pays to the peace and security in the South Caucasus. The Prime Minister of Armenia presented the escalation at the Armenian-Azerbaijani border in result of the provocations undertaken by Azerbaijan, emphasizing that those actions have...
Prime Minister Nikol Pashinyan today met with members of the Armenian Union of Industrialists and Entrepreneurs (Employers), who represent companies operating in various sectors of the economy. The Premier noted that the meeting was meant to discuss the current economic situation in the country. “ We must state with regret that we missed the rates of economic growth in 2019 and in the first quarter of 2020, and we need to discuss how we will curb the crisis. From the first days of...
Prime Minister Nikol Pashinyan chaired a consultation, which discussed the interim report of the Entrepreneur + State Anti-Crisis Investments Fund of the Armenian National Interests Fund (ANIF). The meeting reviewed progress in the investment programs implemented in the framework of cooperation between the state and the private sector. 6-7 investment programs are being discussed with foreign investors, the promotion of which is hindered by the fact that the borders are closed due to...
