Chaired by Prime Minister Nikol Pashinyan, today a regular consultation on the Government’s anti-crisis policy was held in the Office of Government. The meeting discussed the Government’s initiative to provide state support for starting a business from scratch. It will cover new business projects in the field of production and services outside Yerevan. The Investment Support Center shall be responsible for assessing and supporting startups. The initiative was endorsed: it...
Chaired by Prime Minister Nikol Pashinyan, a consultation on the draft medium-term state expenditure program for 2021-2023 was held in the Office of Government. Reference was made to the main macroeconomic indicators and the underlying fiscal framework. The draft program features different development scenarios amid the ongoing crisis. Prime Minister Pashinyan told those responsible to discuss in detail the proposals voiced during the meeting in order to amend it and take follow-up steps...
Prime Minister Nikol Pashinyan held a consultative meeting to discuss ways of promoting strategic development of agriculture. The Central Bank experts presented a draft project of an investment fund to be established in the field of agriculture, including the goals and the steps for introducing development mechanisms. Developed on the basis of best international experience, the project implies setting up an agricultural machinery park following the public-private sector partnership...
Prime Minister Nikol Pashinyan held a consultation to discuss ways of promoting state orders for military needs. The meeting was attended by the Secretary of the Security Council, the Chief of the Prime Minister’s Staff, as well as representatives from defense and security agencies and the Ministry of High-Tech Industry. “The government program stipulated as a key political vision that the military industry should act as a locomotive for the economy, or more precisely, it...
A Cabinet meeting was held today, chaired by Prime Minister Nikol Pashinyan. The Government decided that the state of emergency, which was declared on March 16 and extended until May 14, should be extended for 30 days up till June 13, 2020, 17:00 local time. According to Minister of Justice Rustam Badasyan, some restrictions, for instance, people’s free movement, financial and economic activities can be exercised under specific conditions. The Minister noted that the restrictions...
Prime Minister Nikol Pashinyan held a consultative meeting to discuss the possibility of implementing public-private sector partnership-based investment programs. Specific machine-building and services-related projects were presented, which implied several hundred new jobs in the aforementioned areas. The implementation mechanisms were discussed in detail during the exchange of views that followed. . Highlighting the steps aimed at developing and implementing new investment programs,...
