A consultative meeting was held under the chairmanship of Prime Minister Nikol Pashinyan, attended by the heads of those government agencies representing the economic bloc and Central Bank experts. The Premier said the goal of the meeting was to assess the economic impact of Covid-19 and identify such opportunities as might emerge during and after the crisis. The Prime Minister stressed the need for the government to be quick-responsive to short-term and strategic opportunities,...
Chaired by Prime Minister Nikol Pashinyan, the government held another meeting to discuss ways of improving its investment policy amid the coronavirus-caused epidemic. Possibilities for promoting investment through the Armenian State Interest Fund (ASIF) were discussed during the meeting. ASIF Director David Papazyan presented proposals on investment programs in the fields of industry, healthcare, agriculture, tourism and light industry using the mechanism of cooperation between the...
Prime Minister Nikol Pashinyan held consultations on capital expenditures to be implemented in education, energy and road construction, as well as on completing the long-standing credit-funded projects. The Prime Minister first addressed the situation with the spread of coronavirus, and then the government’s steps to implement capital programs. “Unfortunately, the coronavirus epidemic is spreading all over the world. Currently, 1 million 119 thousand cases of coronavirus...
Chaired by Prime Minister Nikol Pashinyan, the Government continued to explore ways of addressing the COVID-19-caused socio-economic problems. Possibilities for stimulating the production of farm products and introducing new farm support tools were discussed and recommendations were made during the meeting. The Prime Minister stressed the importance of assessing the efficiency and market demand of those instruments used so far. Nikol Pashinyan instructed the Ministry of Economy to submit...
Accompanied by Minister of Defense David Tonoyan and Minister of High-Tech Industry Hakob Arshakyan, Prime Minister Nikol Pashinyan today visited the Engineering City of Armenia. The Premier was first introduced to new equipment, developed by Armenian researchers, after which the Head of Government inspected the process of rehabilitating artificial lung ventilation devices. Noting that they are currently working on the design of artificial respiration devices, the Armenian Engineering...
Prime Minister Nikol Pashinyan chaired a meeting to discuss ways of addressing pandemic-caused socio-economic problems. The Premier stressed that the Government should be quick-responsive in processing investment bids. “We need to ensure that especially in the post-crisis period investment proposals are considered at the appropriate speed and level. The task is as follows: the speed and quality of our response to investment bids should be drastically changed, and this is a vital...