One of the biggest issues, according to him, is that pressure of state debt service on the budget has increased. If debt payments comprised 1-2% of budget incomes, then presently they exceed 8%. According to Arshaluys Margaryan this means that increase of budget expenditures only provides the debt service.
“For example, make out a white list of non-risky countries and accept their invoice price. I mean the countries where there is a VAT refund. We need to study this area in order to streamline it and curb the red tape by minimizing the field for application of reference prices. Businesses need to understand the rules of the game. I think we will succeed here.”
According to Menagarishvili, the snapshot, obtained as a result of elections, was predictable. Although, in his words, the authorities attempted to guarantee their positions also through fraud, which basically, didn’t considerably influence on election results as international observation missions reflected in their reports.
Armenian NPP launched implementation of programs on planned repair and extension of its exploitation. Movses Vardanyan, Acting General Director of ANPP, told reporters today. According to him, it’s planned that the block will be under repair for 67 days—until November 25, which has been agreed with the Commission.
Vice PM presented the advantages and opportunities of doing business in Armenia. Vache Gabrielyan said Armenia is distinguished by the degree of business environment liberalization and is ranked 35th in ease of doing business, and 5th in establishing business among 189 countries in the World Bank index.
The goal of the Council of Europe is to promote the principles of democracy, human rights and the rule of law throughout the European continent, and the unresolved Azerbaijani-Karabakh conflict should not serve as an excuse for ignoring the rights of the people of Nagorno Karabakh.
It was her turn for a question, and that’s what she asked. We were in Armenia at a private press briefing with three of the most powerful philanthropists in the world, and she used her question to ask where George Clooney was.
According to Prime Minister of Armenia Karen Karapetyan’s decision, Karen Tamazyan was appointed Deputy Minister of Finance.
On October 12 President of Armenia Serzh Sargsyan signed a decree on dismissing Viktor Dallakyan from the post of Deputy Chief of Staff of the Presidential Administration, press service of the Presidential administration informed.
On October 12 President of Armenia Serzh Sargsyan signed a decree on appointing Armenian Ambassador to Lithuania Tigran Mkrtchyan Ambassador Extraordinary and Plenipotentiary of Armenia to Latvia and Estonia (residence in Vilnius), press service of the Presidential administration informed.
