Sun, 9 November
15.1 C
Yerevan
USD: 382.54 RUB: 4.73 EUR: 441.83 GEL: 141.43 GBP: 501.40

Armenian government to keep taking bailout steps in 2010

YEREVAN, November 18. /ARKA/. Armenian government intends to keep taking bailout steps in 2010, Armenian Prime Minister Tigran Sargsyan said Wednesday in national Assembly.

He said that Armenian government’s bailout measures will be accompanies by development of already existing institutions and establishment of new ones.

The prime minister said that the government has already put the concept implying the second stage of reformation in practice.

The concept also implies separation of ministries and state agencies’ functions and specification of relations among them.

Sargsyan said that health and education reforms have already reached the crucial stage. This will make it possible to improve financing mechanisms for these areas.

The premier said that the government’s objectives also include support for small- and mid-scale businesses and backbone enterprises and improvement of environment for economic development.

Besides, the government is going to implement insurance and pension reforms. -0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img