Prime Minister Nikol Pashinyan held a consultation in the Office of Government to discuss land reform-related issues. Deputy Minister of Economy Artak Kamalyan presented an analysis of the situation with farmland cultivation in Armenia. He reported that according to their findings, a certain amount of agricultural land in Armenia is not cultivated for various reasons (fragmentation of land, financial problems, lack of irrigation water, low yields, lack of agricultural equipment, etc.)...
Prime Minister Nikol Pashinyan and Mrs. Anna Hakobyan attended a concert by the Yerevan Youth Symphony Orchestra at the National Assembly Gardens, held on the occasion of the 150th Anniversary of Komitas and the 80th Anniversary of Tigran Mansouryan. The orchestra and choir, made up of 250 students from 25 schools of music and art, were created at the initiative of the Yerevan Municipality. For the first time, the Yerevan Youth Symphony Orchestra and its choir performed the Yerevan song...
Prime Minister Nikol Pashinyan received Amber Capital Chief Executive Director Joseph Oughourlian and the Company’s Armenia Office Head Karen Arabian. Amber Capital is the founder of the first Private Equity Investment Fund in Armenia. The official launch of the Fund’s operations is expected this fall, in September-October. The Prime Minister and Amber Capital’s representatives discussed issues related to bilateral cooperation. In particular, they focused on the projects...
Prime Minister Nikol Pashinyan attended the launch of the construction of a 250 MW combined-cycle gas turbine power plant in Yerevan. The project is implemented by the Italian Renko company with an investment of about USD 250 million. The Italian state-run Cimest and German Siemens companies, as well as international financial organizations are involved in the investment program. The construction is due to be completed within 26 months after the start of construction. The cost of...
A regular Cabinet meeting was held today, chaired by Prime Minister Nikol Pashinyan. Prior to discussing the agenda, the Prime Minister referred to the activities envisaged under the government’s mid-term expenditure program as approved at the emergency Cabinet meeting, as well as on issues related to road safety and the reasons behind yesterday’s power system failure in Armenia. Proceeding to the agenda, the meeting approved the government’s legislative initiative on...
The Government held an extraordinary closed-door Cabinet meeting, chaired by Prime Minister Nikol Pashinyan. The 2020-2022 program of medium-term public spending of the Republic of Armenia was discussed and approved at the meeting. The “Preliminary version of the draft law of the Republic of Armenia“ On the state budget of the Republic of Armenia for 2020 was approved for discussion of budget programs included in the preliminary version of the draft law of the Republic of...