Monday, April 15 2019 11:15
Naira Badalian

Armenian government discussed measures to stimulate economic  revolution

Armenian government discussed measures to stimulate economic  revolution

ArmInfo.Armenian Prime Minister Nikol Pashinyan held a working meeting with the participation of ministers, heads of state departments, the mayor of Yerevan, representatives of the Central Bank and the Prime Minister's office.

 According to the press service of the Prime Minister, during the  meeting they discussed the implementation of the instructions of the  head of government, given at a meeting of the Armenian Cabinet of  Ministers on February 15. The orders concerned activities that  stimulate the economic revolution. The leaders of the departments and  structures presented the implemented works, intermediate results and  plans for the future. The Prime Minister stressed that the goal of  the government is to encourage a hardworking, creative and  law-abiding citizen, and the executive branch should work in this  direction as quickly as possible, easily and efficiently as part of  its tools. In the context of increasing the effectiveness of the  measures implemented and the successful implementation of the  economic revolution, Pashinyan stressed the importance of digitizing  processes, establishing clear procedures and instructed those  responsible to take action-oriented steps in these areas. The head of  government instructed to continue inter-agency coordinated work and  periodically report on progress.

To recall, on February 15, Prime Minister Nikol Pashinyan at the  meeting of the government called the top priorities of the economic  revolution and gave the first instructions. He presented several  directions and instructions, guided by which the government and  ministries should work, emphasizing that the list is not given in  priority of activities, since they will be held in parallel. Thus,  the prime minister instructed: to review all the investment proposals  submitted to this day, to inventory their progress, to identify  problems with their implementation, to concentrate data on them in  the Ministry of Economic Development and Investments; create a  regulatory roadmap, including to address the projected availability  of gas and water supply, electricity, to accelerate the creation of  the Armenian Investment Fund, which will support investment programs.  The Prime Minister also instructed to develop a mechanism in  connection with the opening of the period of seasonal work, so that  when applying for temporary seasonal work, citizens would not be  deprived of family or social benefits. It was instructed to take into  account all vacancies in the country with salaries, demands and  addresses of companies, to identify individuals who pay interest on  loans of 100 thousand drams or more monthly, and at the same time  receive family and social benefits; start active creation of training  centers for conversion and provide personnel retraining services in  accordance with the requirements of the labor market.

The head of government noted the importance of developing strategies  to reduce bank rates, effective mechanisms for lending to  microbusiness and livestock. Efforts should be directed, among other  things, to the revitalization and development of training centers and  projects that are aimed at teaching business skills and consistently  improving financial literacy, for this it is necessary to conduct  negotiations and implement joint programs with the Public TV channel  and other television companies, and introduce financial education in  schools. It is also necessary to intensify the involvement of the  private sector in the reanimation, creation and development of  secondary special educational institutions. In the field of  agriculture - it is necessary to improve the efficiency of budget  programs for drip irrigation, anti-hail nets and the introduction of  new agricultural technologies, to achieve their full implementation  and create the prerequisites for their expansion; make an inventory  of all projects for the construction of reservoirs and road  construction, initiate new projects, in parallel with negotiations  with possible donor organizations; find out the mechanisms of export  of meat and live stock of small ruminants and promote their  production; prepare for the export season of fruit and vegetable  crops, make sure that the existing mechanisms are productive and  create guarantees of market accessibility for new potential  exporters. 

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