Armenian parliament approves Government’s program

YEREVAN, May 23./ARKA/. Armenian parliament approved the government’s program for 2013-2017, ARKA correspondent reported Thursday.

Some 76 deputies of the coalitional parties, the Republican party and Orinats Yerkir, supported the program, and 41 deputies voted against it.

The new Cabinet of Armenia was assembled on May 8 after the presidential election of 18 February.
The government submitted its 2013-2017 program to the National Assembly on May 20.

The program mainly embraces five principal courses: safe and prosperous Armenia, creation of new jobs with a fair salary, free and fair Armenia, human capital and institutional development.

The current program has the same targets as the previous one, particularly, related to reaching the same economic growth, doubling the minimal wages, reducing poverty by 8-10%, creating 100,000 new jobs, ensuring growth in pensions and increasing the share of taxes in GDP structure.—0-

spot_img

POPULAR

EBRD has appointed a new head of its office in Armenia

The European Bank for Reconstruction and Development (EBRD) has appointed Remon Zakaria as the new head of its Yerevan Resident Office, effective 1 September 2026, replacing George Akhalkatsi.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 3, 2026, fell by 0.01 points compared to June 2, to 368.52 drams.

Armenian dram exchange rate fell by 4.25 points, while the dollar and ruble remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of June 8, 2026, fell by 0.01 points compared to June 5, to 368.53 drams.

Finance Minister Explains Reason for Armenia’s Public Debt Growth

Armenia's public debt in 2025 increased by 8.8% compared to 2024, stated RA Finance Minister Vahe Hovhannisyan.

Armenia could become a platform for implementing insurance technologies and AI solutions: head of the Bureau of Motor Insurers

Armenia could become a practical platform for testing and implementing modern insurance technologies and solutions based on artificial intelligence.

LATEST NEWS

spot_imgspot_imgspot_img