Prime Minister Nikol Pashinyan chaired a consultative meeting, which discussed capital expenditures to be carried out in the fields of education, science, culture and sports in 2020. Minister of Education, Science, Culture and Sport Arayik Harutyunyan noted that the Ministry had been allocated 4.4 billion drams from the state budget for capital expenditures in 2020. The funds will be used to upgrade educational facilities, restore cultural monuments, develop public libraries’...
Prime Minister Nikol Pashinyan chaired a regular consultation on the government’s anti-crisis policy, which discussed high-tech industry promotion mechanisms and strategic steps to develop the IT sector. Minister of High-Tech Industry Hakob Arshakyan repored back the findings of a recent survey, which sought to assess the impact of COVID-19 on IT activities and possibilities for solving the problems faced in this sphere. Assistance mechanisms, tools to be applied as part of the...
Chaired by Prime Minister Nikol Pashinyan, the Government continues discussing anti-crisis activities aimed at curbing the coronavirus-driven pandemic’s economic impact. Central Bank Chairman Arthur Javadyan reported progress in the first and second anti-crisis programs. 296 out of 1,176 applications received within the framework of the first activity have already been complied with to a total cost of 24.9 billion drams. The funds were funneled to settling salaries, utilities,...
A Cabinet meeting was held today, chaired by Prime Minister Nikol Pashinyan. The Government approved the fifteenth activity to mitigate the pandemic’s adverse economic impact, under which river banks will be built in Armenia’s highlands with the involvement of the local population. The project provides that forest layers shall be created in river valleys through local willow cuttings. The local population will be widely involved in this campaign. Additional jobs will be...
Prime Minister Nikol Pashinyan chaired a consultation, which discussed progress in infrastructure and house-building-related capital programs. The Prime Minister stressed that capital programs are of special importance this year, and therefore they need to comply with the government’s target. “Why do I say that this year is different from the previous ones? Our past experience has shown that capital expenditures used to be under-fulfilled in Armenia. We boasted an...
Chaired by Prime Minister Nikol Pashinyan, a regular consultation was held in the Office of Government to discuss the Government’s anti-crisis policy aimed at curbing the coronavirus-driven pandemic’s adverse consequences. Prior to the discussion, the Prime Minister noted: “At the outset of the coronavirus crisis, many in the world and in Armenia thought that we could quickly and efficiently solve specific problems, since we hoped to be in for a short-lived crisis....