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

Unibank to Raffle a Trip to Italy

Unibank announces the launch of a special campaign, "More Opportunities with Unibank Mastercard World Travel Card."

MONEYVAL does not pose a direct threat to the Armenian economy, but requires balanced implementation of its recommendations – economist

The recommendations of the MONEYVAL report on Armenia do not pose a direct threat to the country's economy, but their implementation must be proportionate and not create unjustified barriers for bona fide businesses and investors, according to economist Hrant Mikaelyan.

”Araks” poultry farm produces 10 tons of poultry meat and 400 thousand eggs daily, its partner is Acba Leasing

For about 30 years, the Araks poultry farm has been providing the Armenian market with fresh poultry meat and eggs every day.

Fitch Ratings affirmed Armenia’s rating at ‘BB-‘, maintaining a positive outlook

International rating agency Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook.

Euro continued to rise against the Armenian dram, while the dollar and ruble weakened: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of July 16, 2026, fell by 0.6 points compared to July 15, reaching 366.57 drams.

LATEST NEWS

spot_imgspot_imgspot_img