News

Prime Minister: “Government not to tolerate unjustified price hike”18.12.2014

Prime Minister: “Government not to tolerate unjustified price hike”

 A Cabinet sitting was held today, chaired by Prime Minister Hovik Abrahamyan. Opening the meeting, the Prime Minister referred to the financial market situation. “ I would like to inform you that yesterday I had a meeting with the representatives of the International Monetary Fund and the World Bank, as well as the relevant agencies and companies. Our international partners are fully supportive of our effort to stabilize the financial market following sharp fluctuations... more →

Mayor Taron Margaryan had a meeting with the leadership of “Yerevan Jur” company17.12.2014

Mayor Taron Margaryan had a meeting with the leadership of “Yerevan Jur” company

 The issues related to water supply in the capital were discussed during the meeting of Yerevan Mayor Taron Margaryan with the chairman of board of directors of «Yerevan Jur» company Rostislav Chap. Pointing out the importance of the quality of water supply the Mayor of Yerevan said that the work carried out in this direction must be continued so that uninterrupted water supply can be provided for the residents. "As a result of our joint efforts made in the recent... more →

Government Discusses Financial Market Stability Issues17.12.2014

Government Discusses Financial Market Stability Issues

 Prime Minister Hovik Abrahamyan chaired a consultation on financial market situation, attended by World Bank, International Monetary Fund representatives and the heads of stakeholder departments. The meeting discussed the recent financial market developments and possible countermeasures. The importance of a floating exchange rate policy was emphasized to prevent the possibility of long-term instability in the economy. At the same time, it was considered important to stabilize the... more →

National Assembly Ends the Work of the Extraordinary Session17.12.2014

National Assembly Ends the Work of the Extraordinary Session

 On December 17 the RA National Assembly continued the work passing by voting the legislative initiatives and agreements debated on the previous day. The RA Minister of Agriculture Sergo Karapetyan presented the credit agreement and the financial agreement signed on August 6, 2014. The NA Speaker Galust Sahakyan has informed the attendees that after the end of the session by the consent of all the NA political forces an NA extraordinary session will be convened to discuss the... more →

National Assembly Convenes an Extraordinary Session16.12.2014

National Assembly Convenes an Extraordinary Session

 On December 16 under Article 70 of the RA Constitution at the NA deputies’ initiative the parliament convened an extraordinary session having on the agenda the draft statement of the RA National Assembly submitted by the NA deputies Armen Rustamyan and Vahram Baghdasaryan on the violence committed recently towards the well-known political and public figures. The draft statement says: “Expressing a deep concern over the violence committed recently towards the well-known... more →

On December 15 an Extraordinary Session of the RA National Assembly is Convened15.12.2014

On December 15 an Extraordinary Session of the RA National Assembly is Convened

 By the decision of the RA NA Speaker Galust Sahakyan and at the initiative of the RA Government on December 15 an extraordinary session of the RA National Assembly was convened under Article 70 of the RA Constitution. Before passing to the agenda items the representatives of non-power factions proposed to convene an extraordinary session to debate the events occurred during the recent days and the situation created in the country. The RA NA Speaker Galust Sahakyan, later touching... more →