Monday, February 12 2018 12:35
Alexandr Avanesov

The Prime Minister : Interesting and productive work expected in 2018 in Armenian regions

ArmInfo. In 2018, interesting  and effective work is expected in the regions of Armenia. Prime  Minister Karen Karapetyan stated this during a meeting in the Kotayk  region of the republic. According to the press service of the  government, the meeting was devoted to the results of work done in  2017 and plans for 2018.

According to the Prime Minister, there are good prospects for  ensuring economic growth in the coming years, which will lead to  serious reforms in the management system.

Presenting the social and economic situation in the region, the  Governor of the Kotayk region Karapet Guloyan noted that in the  course of 2017 significant positive indicators were recorded in the  region. The private sector invested 60 billion drams, of which 25.5  billion drams went to industry, 5 billion to agriculture, 10.9  billion to tourism, 0.5 billion to energy, and 6.2 billion to trade  and services, 9.9 billion - in information technology. In general,  about 2 thousand jobs have been created in the region. In 2018, the  region plans to implement investment programs amounting to 66 billion  drams in such areas as industry, agriculture, tourism, etc., which  will make it possible to create another 2,100 new jobs.

Karen Karepetyan, speaking about the need to involve private business  in the projects, noted the need to consider the issue of  transferring, even free of charge, to the private sector of unused  property in order to implement specific investment programs and  create new jobs.

One of the priority directions of the region's development is  agriculture. The premier was informed that in 2017 the area of  greenhouses increased by 20 hectares. In 2018, it is planned to  increase the area of greenhouses to 115.4 hectares. In 2017, 200  hectares increased the area of intensive gardens, reaching a mark of  912 hectares. It is planned to bring these areas to 1137 hectares  this year.

Responsible persons reported that in the coming years it is planned  to annually increase the area of intensive gardens by 200-250  hectares. As a result of the steps taken in 2017, the area of  irrigated land increased by 5 thousand hectares. In 2018, this  indicator will be increased by another 12 thousand hectares,  resulting in an area of irrigated land will be 116 thousand hectares.  In this connection, the Prime Minister stressed that the state is  consistently following the way of settling the problem of expanding  irrigated lands, and it is necessary to take steps towards the  construction of private reservoirs. 

Karen Karapetyan was also informed that in 2018 another one will be  brought to the two breeding farms, and the livestock will be brought  up to 2070 from 1810. The Prime Minister noted that this year the  government will pay special attention to the issue of subsidizing  programs aimed at the development of livestock, since the country has  no problems with the market, given the existence of special trade  regimes with the EEA, the EU and Iran. In this context, the prime  minister urged those responsible for development in the field of  agriculture to develop and implement programs to increase the number  of breeding farms and increase this target in 2018. It was noted at  the meeting that in 2017 5,8bln AMD was invested from the state and  private sector in the development of agriculture, as a result of  which 400 new jobs were created.  In the current year, the volume of  investments will not change, and 450 more new jobs will be created.   In the sphere of industry in 2017, the region produced industrial  products worth 162 billion drams against 136 billion drams in 2016.  Over the past year, construction works worth 43 billion drams have  been realized in the Kotay region, which is 350% higher than in 2016.  The Premier stressed the importance of the development of the  construction sector, instructing to facilitate the procedure for  granting permits for construction work.

One of the priority directions of the region's development is the  sphere of tourism. Currently, there are 80 hotels and recreation  complexes in the region. In 2016 the region was visited by 420  thousand tourists, in 2017 this figure grew by 70 thousand, reaching  490 thousand.

Speaking about the indicators of the communities, Karapet Guloyan  reported that in 2017 the local authorities' own revenues increased  by 30% on average, amounting to 12.5 thousand drams per capita. In  2016, this figure was equal to 9.5 thousand drams. It is planned that  in 2018 the indicator of personal incomes of communities per capita  will be 15.7 thousand Drams. In the communities of the region, the  share of own income was 42.3% compared to 35.5% in 2016. It is  envisaged to bring this indicator to 46.7% this year.  In the  framework of the "Clean Armenia" project  165 landfills were closed.  In the current year, 9 more landfills will be closed. According to  the governor, 10 more landfills will be closed as a result of  construction of a garbage processing plant in Hrazdan. It was also  reported that in 2017, compared to 2016, an additional 57 million  drams or 297.1 million drams were collected from individuals for  garbage collection. This year this figure will be increased by 100  million drams. The amount of deductions for garbage collection by  legal entities has also increased. It is planned to collect 110  million drams collected in 2017 to raise 160 million drams in 2018.  According to the head of the region, in 2018, garbage collection  costs will amount to 579 million drams, and the collected funds will  be raised to 558 million drams.

POST A COMMENT
Input digits     


News
Aluminum foil exports  decreased in Armenia while maintaining their  customs valueAluminum foil exports  decreased in Armenia while maintaining their  customs value
Armenian Customs Service: Gold trade decreased significantly in the  first half of 2025Armenian Customs Service: Gold trade decreased significantly in the  first half of 2025
Armenia`s diamond trade decreased  by almost 50% in the first half of  2025Armenia`s diamond trade decreased  by almost 50% in the first half of  2025
Arsen Torosyan: 420,000 citizens to benefit from pensioner cashback  program by the end of next yearArsen Torosyan: 420,000 citizens to benefit from pensioner cashback  program by the end of next year
State Revenue Committee,  EBRD, and Grant Thornton Armenia launch  skills development program for refugeesState Revenue Committee,  EBRD, and Grant Thornton Armenia launch  skills development program for refugees
 GIZ  entrusted with implementation of programs worth ?15.6 million as  part of Armenia`s technical cooperation with Germany GIZ  entrusted with implementation of programs worth ?15.6 million as  part of Armenia`s technical cooperation with Germany
Social Ministry`s program budget to be increased by 9.6% in 2026Social Ministry`s program budget to be increased by 9.6% in 2026
Armenia extending ban on export of ferrous and non-ferrous metal  scrap and waste until August 2, 2026Armenia extending ban on export of ferrous and non-ferrous metal  scrap and waste until August 2, 2026
IMF: Armenia- Azerbaijan improving relations to facilitate greater  regional cooperation and integrationIMF: Armenia- Azerbaijan improving relations to facilitate greater  regional cooperation and integration
Armenian government to support procurement process of Voskehat and  Areni grapesArmenian government to support procurement process of Voskehat and  Areni grapes
Armenia to get $250 million loan from  ADB to address housing needs  of internally displaced persons from Nagorno-KarabakhArmenia to get $250 million loan from  ADB to address housing needs  of internally displaced persons from Nagorno-Karabakh
New bridgework near Armavir - South Caucasus Railway New bridgework near Armavir - South Caucasus Railway 
EU to allocate EUR 5mln for enhancing Armenia`s nuclear safety and  radiation protection EU to allocate EUR 5mln for enhancing Armenia`s nuclear safety and  radiation protection 
Armenia`s Ministry of Finance proposes tax benefits for  government-funded programs Armenia`s Ministry of Finance proposes tax benefits for  government-funded programs 
Armenia, Argentina discuss prospects for joint technology projects Armenia, Argentina discuss prospects for joint technology projects 
Construction of 32-km-long section of Kajaran-Agarak highway must  meet high quality standards - official Construction of 32-km-long section of Kajaran-Agarak highway must  meet high quality standards - official 
Armenia attaches importance to continued cooperation with EIB in  implementing major infrastructure programs and  private sector  developmentArmenia attaches importance to continued cooperation with EIB in  implementing major infrastructure programs and  private sector  development
Tashir Capital will once again appeal to Public Services Regulatory  Commission on October 30th, demanding reduction in electricity  tariffs for populationTashir Capital will once again appeal to Public Services Regulatory  Commission on October 30th, demanding reduction in electricity  tariffs for population
Fourth meeting of EU-Armenia Investment Coordination Platform held in  YerevanFourth meeting of EU-Armenia Investment Coordination Platform held in  Yerevan
ENA former management  proposed reducing electricity tariffs to  Public Services Regulatory Commission, but the proposal was denied -  David GhazinyanENA former management  proposed reducing electricity tariffs to  Public Services Regulatory Commission, but the proposal was denied -  David Ghazinyan
Armenian-German intergovernmental talks starting in BerlinArmenian-German intergovernmental talks starting in Berlin
Connected, Convenient, Converse: Andranik Grigoryan Presents Converse Bank’s Digital Transformation Journey at the BACEE ConferenceConnected, Convenient, Converse: Andranik Grigoryan Presents Converse Bank’s Digital Transformation Journey at the BACEE Conference
In 2024, Armenia exported 48 million liters of bottled brandyIn 2024, Armenia exported 48 million liters of bottled brandy
In the first eight months of 2025, Armenia`s exports to Germany  exceeded the volume from 2024 - Economy MinisterIn the first eight months of 2025, Armenia`s exports to Germany  exceeded the volume from 2024 - Economy Minister
VWFA discusses opportunities to export Armenian wine to JapanVWFA discusses opportunities to export Armenian wine to Japan
Armenia`s 1,000 major taxpayers: trade sector has lion`s shareArmenia`s 1,000 major taxpayers: trade sector has lion`s share
RA State Control Service`s budget to be increased next yearRA State Control Service`s budget to be increased next year
More funds for RA premier`s staff, less for RA presidentia, staff, NA  in 2026More funds for RA premier`s staff, less for RA presidentia, staff, NA  in 2026
ArmSwissBank wins Ipra Golden World Award 2025 in climate change and literacy categoryArmSwissBank wins Ipra Golden World Award 2025 in climate change and literacy category
Underwater cable across Black Sea awaiting European Commission`s  approval Underwater cable across Black Sea awaiting European Commission`s  approval 
 Medium-term funding of professional research on certain bills  possible - minister  Medium-term funding of professional research on certain bills  possible - minister 
Public Services Regulatory Commission declined proposal to lower  electricity supply prices - Our Movement coordinator Public Services Regulatory Commission declined proposal to lower  electricity supply prices - Our Movement coordinator 
ANC vice-chairman releases new program proposalANC vice-chairman releases new program proposal
Condominium management rules to be modified in ArmeniaCondominium management rules to be modified in Armenia
Armenian Conference Interpreters Association: A Reliable Platform for Professional CollaborationArmenian Conference Interpreters Association: A Reliable Platform for Professional Collaboration
IDBank - Silver Sponsor of BACEE’s 50th Jubilee International Banking ConferenceIDBank - Silver Sponsor of BACEE’s 50th Jubilee International Banking Conference
Armenia named Europe`s Leading Heritage Destination 2025Armenia named Europe`s Leading Heritage Destination 2025
In 2026, 74.5 billion drams to be allocated  for  Economy Ministry`s   projectsIn 2026, 74.5 billion drams to be allocated  for  Economy Ministry`s   projects
RA Economy Ministry expects GDP per capita to exceed $9,000 by year  endRA Economy Ministry expects GDP per capita to exceed $9,000 by year  end
 Khudatyan: Armenia currently discussing subsidy program for  construction of storage plants  Khudatyan: Armenia currently discussing subsidy program for  construction of storage plants 
With complete unblocking of communications, at least two land roads  to open between Armenia and Russia - Economy Minister With complete unblocking of communications, at least two land roads  to open between Armenia and Russia - Economy Minister 
Preparatory work to design new nuclear power unti to get underway  next year - minister Preparatory work to design new nuclear power unti to get underway  next year - minister 
RA State Revenue Committee to get AMD 23bln more next year RA State Revenue Committee to get AMD 23bln more next year 
Construction of 34-km-long- section of Ashtarak-Talin highway to be  completed this year - minister Construction of 34-km-long- section of Ashtarak-Talin highway to be  completed this year - minister 
GDP growth to exceed target by the end of 2025 - minister GDP growth to exceed target by the end of 2025 - minister 
Armenian authorities want more AI experts Armenian authorities want more AI experts 
With the support of IDBank and Idram, the “Symphonic Forest” project was launchedWith the support of IDBank and Idram, the “Symphonic Forest” project was launched
RA Ministry of High-Tech Industry to get AMD 31.2bln next yearRA Ministry of High-Tech Industry to get AMD 31.2bln next year
Armenia`s banking system increased state treasury payments by 28% in  the first nine months, reaching $343 millionArmenia`s banking system increased state treasury payments by 28% in  the first nine months, reaching $343 million
Deputy Finance Minister: Declaration System  not failedDeputy Finance Minister: Declaration System  not failed
Central Bank on  2026 budget: Fiscal consolidation, investments, and  risk managementCentral Bank on  2026 budget: Fiscal consolidation, investments, and  risk management
Economy Minister: Armenia`s trade turnover with EU countries totaled  $2.9 billion in January-September 2025Economy Minister: Armenia`s trade turnover with EU countries totaled  $2.9 billion in January-September 2025
Pay at cafés and bars with Idram&IDBank and earn lots of idcoinsPay at cafés and bars with Idram&IDBank and earn lots of idcoins
EU  assisting Armenia in rebranding Armenian cognac- Economy Minister EU  assisting Armenia in rebranding Armenian cognac- Economy Minister 
 Armenia`s telecom operators paid $80.4 million to  state budget in  first nine months of 2025 Armenia`s telecom operators paid $80.4 million to  state budget in  first nine months of 2025
Starting January 1, 2026, all Armenian citizens, not just pensioners,  will be eligible to receive cashback - Ministry of FinanceStarting January 1, 2026, all Armenian citizens, not just pensioners,  will be eligible to receive cashback - Ministry of Finance
 Russian Federation`s restrictions on EAEU citizens` stay in Russia  contradicts provisions outlined in Treaty on  Eurasian Economic Union  - Minister Russian Federation`s restrictions on EAEU citizens` stay in Russia  contradicts provisions outlined in Treaty on  Eurasian Economic Union  - Minister
Ardshinbank— Armenia’s No. 1 Taxpayer in Direct Taxes AgainArdshinbank— Armenia’s No. 1 Taxpayer in Direct Taxes Again
Slowdown in industrial sector  leading to deceleration in  industrial  price index growthSlowdown in industrial sector  leading to deceleration in  industrial  price index growth
Foreign debt`s share in Armenia`s GDP could be increased - minister Foreign debt`s share in Armenia`s GDP could be increased - minister 
Read more
Exchange rates
30.10.2025
RUB4.75-0.04
USD382.720.10
EUR444.15-1.53
GBP504.23-1.52
CAD274.21-0.33
JPY24.86-0.27
CNY53.81-0.08
CHF478.40-2.22