Thursday, December 15 2016 14:22
Naira Badalian

Armenia state entities optimization continues: AMD 137 mln saved this time

Armenia state entities optimization continues: AMD 137 mln saved this  time

ArmInfo. The process on PIU  optimization continues  in Armenia.  Regular reductions were  announced by the Ministry of Transportation, Communications and IT  and the State Cadastre on Real Estate under the Government. The  corresponding resolutions are already adopted at the Government  session on December 15.  

At the Government session the Ministry of Transport,  Telecommunications and IT came out with a suggestion to join two  entities in one. According to Vahan Martirosyan statement, the  unification of "North-South Road Program State Non-Commercial  Organization" and Ministry of Transportation PIU is planned.  Following Martirosyan, on this basis a new Unit  on Transport  Projects  Implementation  will be set, and an amount of AMD 107 mln  will be saved, the staff  positions will be reduced from 46 to 37,  and outsourced positions - from  19 to 6. 

The State Cadastre on Real Estate under the Government of Armenia  alos suggested to join two entities. As Martin Sargsyan, the Head of  the State Cadaster, two RI units ( Traning Center and Geodesy and  Cartography Center) will be joint in one, with corresponding  reduction of 20 staffing positions.

POST A COMMENT
Input digits     


News
Experts expect the US Federal Reserve to keep the interest rate in the range of 3.5-3.75%Experts expect the US Federal Reserve to keep the interest rate in the range of 3.5-3.75%
Parallel imports will become a permanent mechanism in RussiaParallel imports will become a permanent mechanism in Russia
Interactive Digital Mapping of GI Armenian Brandy Grape Production  Zones  launched in YerevanInteractive Digital Mapping of GI Armenian Brandy Grape Production  Zones  launched in Yerevan
What to gift men on January 28: Idram&IDBankWhat to gift men on January 28: Idram&IDBank
Idram Conducted a Financial Literacy Class for Roboton ParticipantsIdram Conducted a Financial Literacy Class for Roboton Participants
Armenian telecom operators increase tax payments to  state treasury  by 11% in 2025Armenian telecom operators increase tax payments to  state treasury  by 11% in 2025
Strengthening  ties: Armenia and Bulgaria push for strategic  partnership and direct flightsStrengthening  ties: Armenia and Bulgaria push for strategic  partnership and direct flights
Armenia to bar low-rated construction firms from state tendersArmenia to bar low-rated construction firms from state tenders
Regional geopolitics: Calls for border opening amid renewed demands  to close Armenian NPPRegional geopolitics: Calls for border opening amid renewed demands  to close Armenian NPP
Atlantic Council: TRIPP  to reduce  Russia and Iran`s economic  influence in South CaucasusAtlantic Council: TRIPP  to reduce  Russia and Iran`s economic  influence in South Caucasus
Ardshinbank surges into top 5: Armenia`s major taxpayers revealed for  2025Ardshinbank surges into top 5: Armenia`s major taxpayers revealed for  2025
Minister: Job seekers and unemployment cut in half over five yearsMinister: Job seekers and unemployment cut in half over five years
Regarding Payments for Viva Armenia Services via IdramRegarding Payments for Viva Armenia Services via Idram
Alcohol sales in Russia fell by 9.3% in 2025Alcohol sales in Russia fell by 9.3% in 2025
 RA banking system`s net profit returns to its natural growth rate by  2025 end  RA banking system`s net profit returns to its natural growth rate by  2025 end 
 Yerevan`s Zvartnots airport is operating at almost twice its design  capacity - opposition MP Yerevan`s Zvartnots airport is operating at almost twice its design  capacity - opposition MP
King Felipe VI of Spain meets with head of RA Tourism CommitteeKing Felipe VI of Spain meets with head of RA Tourism Committee
Regulations governing transactions with crypto assets to come into  force on January 31, 2026Regulations governing transactions with crypto assets to come into  force on January 31, 2026
Suspension of acceptance of payments for Viva Armenia CJSC services through EasyPay platforms Suspension of acceptance of payments for Viva Armenia CJSC services through EasyPay platforms
In 2025, Azerbaijan exported $788,800 worth of products to ArmeniaIn 2025, Azerbaijan exported $788,800 worth of products to Armenia
Precious metals continue to set new recordsPrecious metals continue to set new records
EEC Council approves draft Agreement on Electronic Commerce in Goods  within EAEUEEC Council approves draft Agreement on Electronic Commerce in Goods  within EAEU
Conceptual issues of tax policy for the coming years discussed with  PashinyanConceptual issues of tax policy for the coming years discussed with  Pashinyan
"In Our Way" movement: Economists must lead Armenia
Expert: Iran is an integral part of Armenia`s energy balanceExpert: Iran is an integral part of Armenia`s energy balance
In Armenia`s interbank foreign exchange market from January 19 to 23,  2026, dollar transactions decreased, while ruble transactions  maintained growthIn Armenia`s interbank foreign exchange market from January 19 to 23,  2026, dollar transactions decreased, while ruble transactions  maintained growth
Market Surveillance Inspection Body reports for 2025Market Surveillance Inspection Body reports for 2025
Up to 2% Cashback with IDBank Mastercard and ARCA CardUp to 2% Cashback with IDBank Mastercard and ARCA Card
Expert highlights risks of exempting small business taxesExpert highlights risks of exempting small business taxes
Armenia extends  Zvartnots Airport concession to 2067Armenia extends  Zvartnots Airport concession to 2067
Defense Council for Samvel Karapetyan clarifies ruling of Stockholm  Arbitration Tribunal regarding ENA caseDefense Council for Samvel Karapetyan clarifies ruling of Stockholm  Arbitration Tribunal regarding ENA case
Armenian government, in Artsrun Hovhannisyan style, is presenting its  defeat in Stockholm as victoryArmenian government, in Artsrun Hovhannisyan style, is presenting its  defeat in Stockholm as victory
Stockholm Arbitration dismisses claims filed by Karapetyan familyStockholm Arbitration dismisses claims filed by Karapetyan family
Leading Russian company Sitronics Group to manage Yerevan Research  Institute of Mathematical MachinesLeading Russian company Sitronics Group to manage Yerevan Research  Institute of Mathematical Machines
Azerbaijani petrol on sale in Armenia - minister Azerbaijani petrol on sale in Armenia - minister 
RA minister of interior, British ambassador discuss cooperation in  cybersecurityRA minister of interior, British ambassador discuss cooperation in  cybersecurity
Armenia`s Viticulture and Winemaking Foundation  reports on its 2025  activitiesArmenia`s Viticulture and Winemaking Foundation  reports on its 2025  activities
Armenian economy reaches record 822,622 jobs by end of 2025Armenian economy reaches record 822,622 jobs by end of 2025
Mkhitar Hayrapetyan: 900 R&D specialists benefit from 10% income tax  rateMkhitar Hayrapetyan: 900 R&D specialists benefit from 10% income tax  rate
Business Paradise: Narek Karapetyan proposes tax free haven for small  businesses in ArmeniaBusiness Paradise: Narek Karapetyan proposes tax free haven for small  businesses in Armenia
Armenia showcases its tourism potential at FITUR-2026Armenia showcases its tourism potential at FITUR-2026
Zvartnots International Airport records all-time high with  5,615,789  passengers in 2025Zvartnots International Airport records all-time high with  5,615,789  passengers in 2025
"Discworld" by Jensen Huang
Societe Generale plans to cut 1,800 jobs by the end of 2027.Societe Generale plans to cut 1,800 jobs by the end of 2027.
Fitch Has Upgraded Ardshinbank’s Outlook From Stable to PositiveFitch Has Upgraded Ardshinbank’s Outlook From Stable to Positive
Armenia to restrict involvement of companies affiliated with  high-ranking officials and their family members in procurement  processesArmenia to restrict involvement of companies affiliated with  high-ranking officials and their family members in procurement  processes
 Armenian government amends loan and grant agreement under Kotayk and  Gegharkunik Solid Waste Management Program Armenian government amends loan and grant agreement under Kotayk and  Gegharkunik Solid Waste Management Program
AraratBank Sums Up “You Choose the Destination” Campaign Implemented in Partnership with MastercardAraratBank Sums Up “You Choose the Destination” Campaign Implemented in Partnership with Mastercard
Italy is the main buyer of Azerbaijani oilItaly is the main buyer of Azerbaijani oil
EIF exploring opportunities for collaboration with Czech companies in  AI fieldEIF exploring opportunities for collaboration with Czech companies in  AI field
Armenia to attract $150mln from ADB for financing deficit Armenia to attract $150mln from ADB for financing deficit 
Up to 2% cashback, free Mastercard and free ArCa card when you join IDSalaryUp to 2% cashback, free Mastercard and free ArCa card when you join IDSalary
German-funded water and energy programs discussed in YerevanGerman-funded water and energy programs discussed in Yerevan
Ardshinbank Opens Specialized IT Hub in YerevanArdshinbank Opens Specialized IT Hub in Yerevan
Pashinyan: TRIPP  is, first and foremost, an investment programPashinyan: TRIPP  is, first and foremost, an investment program
Armenia and Mexico have significant potential for cooperation -  Gevorg PapoyanArmenia and Mexico have significant potential for cooperation -  Gevorg Papoyan
Armenia`s manufacturing hits historic low of 9% of GDP- Suren KarayanArmenia`s manufacturing hits historic low of 9% of GDP- Suren Karayan
Finance minister lacks information on investment size and economic  impact of TRIPP project Finance minister lacks information on investment size and economic  impact of TRIPP project 
 RA Finance Minister: Risk premium hits historic low amid strong 2025  performance RA Finance Minister: Risk premium hits historic low amid strong 2025  performance
MTPLI loss ratio decreases from 81.8% to 76.3% in Armenia`s insurance  market in 2025MTPLI loss ratio decreases from 81.8% to 76.3% in Armenia`s insurance  market in 2025
Read more
Exchange rates
26.01.2026
RUB4.95-0.04
USD378.86-0.21
EUR449.334.49
GBP517.905.17
CAD276.961.93
JPY24.670.71
CNY54.480.05
CHF487.598.00