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

LIGA Insurance Marks 18 Years in the Armenian Market and Announces a New Stage of Development and Brand Identity Refresh

LIGA Insurance announces the refresh of its brand identity, marking a new stage in the company’s development and the beginning of its international integration process, as the company celebrates 18 years of operation in the Armenian insurance market.

Dollar and euro exchange rates against the Armenian dram fell, while the ruble rose: 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 May 18, 2026, fell by 0.19 points compared to May 15, to 368.04 drams.

Acba Bank and EFES launch a unique service in Armenia (VIDEO)

Acba Bank and EFES Insurance Company have introduced a unique service in Armenia – account insurance, which compensates for the loss of funds from clients' cards or accounts due to cyber fraud, the bank's press service reported.

Armenia’s relevant committee approved an increase in the dividend tax for bank shareholders to 15%

At its meeting on Tuesday, the Armenian National Assembly's Committee on Economic Affairs approved draft amendments to the RA Tax Code and the Law "On State Duty," which provide for changes in taxation of the banking sector.

Inflation in Armenia rose in April amid tensions due to the Middle East conflict and in supply chains – WB

Inflation in Armenia continued to rise in April amid tensions due to the Middle East conflict and in supply chains, according to the World Bank's "Armenia Monthly Economic Update – May 2026."

LATEST NEWS

spot_imgspot_imgspot_img