A Cabinet meeting was held today, chaired by Prime Minister Nikol Pashinyan. The government approved the twentieth activity to minimize the pandemic’s adverse economic impact and a procedure for providing assistance under the new program, which seeks to assist private sector employees, civil contract workers and private entrepreneurs representing 12 areas most affected by the coronavirus. Assistance will be provided in the form of a lump-sum allowance equal to the minimum wage...
Chaired by Prime Minister Nikol Pashinyan, another hearing on public agencies’ performance reports for 2019 was held in the Office of Government. The Ministry of Labor and Social Affairs reported on the activities implemented in the period under review. Minister Zaruhi Batoyan reported that the minimum monthly salary was raised on a regular basis in Armenia, taking account of macroeconomic indicators. Based on the research and proposal of the Ministry, the minimum salary was set at...
Prime Minister Nikol Pashinyan today introduced newly elected Central Bank Chairman Martin Galstyan to the Central Bank staff. In his speech, the Prime Minister said: “Today is an important event at the Central Bank: we say goodbye to the Chairman of the Central Bank Artur Javadyan, and the new Chairman of the Central Bank Martin Galstyan takes office today. Mr. Javadyan, I thank you once again for your work and contribution during this period. Mr. Galstyan, I would like to...
Prime Minister Nikol Pashinyan held a consultation to discuss the government’s anti-crisis programs. In the context of ensuring food security, a draft of economic measures was discussed aimed at increasing the coverage and productivity of wheat sowing areas. The program will be implemented mediating government subsidies with the involvement of private entities through the offer of high-quality wheat seeds to agriculture. Following the discussion, the Premier tasked those responsible...
An extraordinary Cabinet meeting was held today, chaired by Prime Minister Nikol Pashinyan. Before discussing the agenda items, Deputy Minister of Healthcare Anahit Avanesyan reported on the situation with the spread of coronavirus infection in Armenia. She advised that 2297 tests were conducted during the past day, which revealed 628 new cases of infection; 173 patients have recovered, and 13 deaths - recorded. Nikol Pashinyan noted that these figures are a reflection of how the...
Prime Minister Nikol Pashinyan held a consultation on the government’s anti-crisis action and programs. Taking into consideration the epidemiological situation, the meeting participants discussed issues related to the provision of more favorable conditions for businesses in terms of profit tax. In this context, reference was made to tax administration mechanisms. Highlighting the government’s policy aimed at improving the business climate and providing as much support to...
