In a potentially serious boost to Armenia’s information technology (IT) sector, the government approved on Thursday profit tax breaks for local IT companies investing in innovation.
The government hopes to launch this spring the delayed expansion of Armenia’s main highways which is aimed at enhancing transport connections with neighboring Georgia and Iran, Transport and Communications Minister Manuk Vartanian said on Wednesday.
More than 10,000 names have been removed from Armenia’s nationwide lists of pensioners since the government began investigating last year alleged fraud in the payment of social benefits, Labor and Social Affairs Minister Artur Grigorian said on Tuesday.
In a move that will reduce the time difference between Armenia and Europe, the Armenian government announced on Thursday that it will stop switching to daylight saving time starting from this year.
Prime Minister Tigran Sarkisian criticized the Armenian traffic police on Thursday for what he described as excessive delays in the registration of cars and the ongoing replacement of driver’s licenses.
After repeated misgivings voiced about the Armenian state budget for this year, the State Revenue Committee (SRC) effectively promised on Wednesday to ensure a 13 percent rise in tax revenues projected by the government.
Vladimir Gasparian, the chief of the Armenian police, on Thursday defended sweeping personnel changes initiated by him, saying that they are necessary for restoring popular trust in the law-enforcement agency.
Armenia’s leading opposition groups voiced skepticism on Wednesday over the formation of a new anti-corruption state body charged with verifying income declarations of senior state officials.
The Armenian government will significantly accelerate its ongoing reforms in 2012 to make doing business in the country easier, Prime Minister Tigran Sarkisian told RFE/RL’s Armenian service on Friday.
The Armenian Ministry of Finance said on Tuesday that it has saved 11.4 billion drams ($30 million) in public funds during regular audits of government agencies conducted this year.
Construction work on a new Armenian nuclear power plant designed to replace the existing facility at Metsamor will start in 2013, Energy and Natural Resources Minister Armen Movsisian announced on Thursday.
Unfair economic competition remains endemic in Armenia despite tougher antitrust measures taken by the authorities this year, the head of the country’s leading business association complained on Monday.
A leader of the Armenian Revolutionary Federation (Dashnaktsutyun) has dismissed as a publicity stunt calls by the rival Armenian National Congress (HAK) for the country’s leading opposition groups jointly fight for the proper conduct of the next national elections.
The Armenian government rejected on Thursday an opposition bill that would require it to expose Armenians who had cooperated with the Soviet secret police and ban them from holding senior state positions.
Most residential buildings in Yerevan may not withstand a powerful earthquake and are in urgent need of seismic strengthening, a senior official from the National Seismic Defense Service warned on Wednesday.
At least 150 vehicles bound for Armenia reportedly remained stranded on Thursday at Russia’s main border crossing with Georgia that was closed more than a week ago due to heavy snowfall.
Education Minister Armen Ashotian on Thursday effectively confirmed reports that he has banned state-run universities from accepting scholarship donations from Gagik Tsarukian, a millionaire businessman leading Armenia’s second most important governing party.
The Armenian police on Friday announced the arrest of a State Social Welfare Service official who allegedly used a fraud scheme to embezzle a large amount of money issued for non-existing pensioners.
Nearly 600 young families have purchased apartments in the last two years with mortgage loans subsidized by Armenia’s government and Central Bank, a senior official said on Thursday.
The Armenian government unveiled on Thursday a first-ever package of socioeconomic benefits for tens of thousands of civil servants and members of their families.
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