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STATE ORDER FOR CAPITAL CONSTRUCTION CUT BY OVER TWO BILLION

karenshahramanyan.jpgThe recent meeting of the government endorsed the state order for capital construction to be funded from the state budget for 2013. According to NKR Minister of Urban Development Karen Shahramanyan, the order volume amounts to 11 billion and 500 million drams, instead of 13 billion and 637 million drams in the past year. As, compared to the last year, it decreased by over 2 billion drams, the program primarily includes passing objects that make up about 75% of the overall program.

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“WE CARRY OUT THE WORKS WITHIN THE RESOURCES AVAILABLE”

altThe Minister of Agriculture summarized the year of 2012

Last week, NKR Minister of Agriculture Andranik Khachatrian summarized the year of 2012. At a meeting with journalists, he presented the situation, the tasks and problems in the sphere.

Speaking of the strategic importance of the agrarian sector, Mr. Khachatrian focused on the necessity of ensuring food- self-sufficiency, development and consolidation of rural settlements. Noting that for the last 5 years the agrarian sphere had provided 13.4% of GDP and in January-September of 2012 it made 14.7%, he said that the index was expected to increase within a year. 

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THE RESULTS IN THE INFORMATION COMMUNICATION TECHNOLOGIES SPHERE ARE TANGIBLE

DSC_4003.jpgFrom November 30 to December 2, a conference of leaders of the information communication technologies sphere (ICT) of the two Armenian states, titled “Issues of Technological Development in Artsakh”, took place in Stepanakert. The ICT leaders' meeting was organized with the joint efforts of the Union of Information Technologies Industries (UITI), the RA Ministry of Economy and the NKR government. This is the third meeting in Artsakh.

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NEW APPROACHES IN THE STATE POLICY OF AGRICULTURAL SUPPORT

The fact that billions of drams are directed to the agricultural development programs in Artsakh is considered natural by everybody. After all, this economic sphere is proclaimed strategic, and the necessity of ensuring its effectiveness is justified not only by economic, but also social factors. Realizing the importance of this goal, a series of government programs aimed at the development of any agricultural sphere started 4 or 5 years ago. Positive developments are available. But, the existing indexes are difficult to be considered equivalent funds invested in the development of the agrarian sector. The government offers news approaches in the agricultural development. In this case, the potential beneficiaries – farmers - will be interested not just in getting government support, but in its most efficient use.

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...TO HAVE FINANCIALLY EDUCATED AND PROTECTED CONSUMERS AT THE MARKET

Srbuhi.jpgThree days, the RA Financial Conciliator's Office (FCO) held seminar-trainings in Stepanakert, the representative of which, specialist in investigating the claims of the Financial Conciliator's Office, lawyer Hayk Hovhannisian informed that the trainings were aimed at increasing consumers’ awareness of financial education.

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BRIDGE ARTSAKH IS A RELIABLE BRIDGE WITH THE OUTER WORLD

 

DSC00027.jpgOn June 25, the Bridge Artsakh Forth Economic Forum summarized its works in the NKR. It started on June 23, at the plenary session held at the Stepanakert Youth and Culture Palace and was continued in Shushi, in the form of sectional sessions and acquaintance with some companies operating in the Republic.

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RELIABLE INCOME FOR INVESTORS PROVIDED

altAnnual Meeting of ArtsakhHES Company

On April 30, the annual meeting of ArtsakhHES Company took place, which was attended by NKR Prime Minister Ara Harutyunian. 

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AMBITIOUS PROJECTS THAT HAVE REAL GROUNDS

altDuring his recent visit to the Hadrut region, President Bako Sahakian gave corresponding instructions for more efficient use of the agricultural opportunities in the southern wing of the Republic. In was followed by a meeting on the same issue convened by the President. A working group was formed, which was in the Hadrut region just two days after the President's visit.  

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IMPROVEMENT OF THE BUSINESS ENVIRONMENT AS A BASIS FOR THE ECONOMIC POLICY

At the recent press conference, Minister of Economic Development Karen Yesayan, highlighting the role of private companies in the economic development and the state-private sector relationship, presented the steps taken by the Ministry for improving the business environment.

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THE FOREIGN INVESTMENTS HAVE FOUND THEIR ADDRESSEES

Foreign investments in the economy play a great role for such a state as the Nagorno Karabakh Republic. That's why the Government, using the state and private sectors’ potential, is interested in attracting maximum foreign investments and tries to ensure a favorable business environment in place by establishing certain privileges and to use the attracted amounts as effectively as possible.

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