Time in Yerevan: 11:07,   27 April 2024

Acting Economy Minister presents report on carried out works

Acting Economy Minister presents report on carried out works

YEREVAN, SEPTEMBER 23, ARMENPRESS. Acting Minister of Economy of Armenia Artsvik Minasyan presented the works done in 7 months of his tenure as Minister.

He said as an ARF representative he attaches importance to the fact that a high-ranking official presents a report of the works done during his tenure.

“As I have previously said for many times, the major issues faced by the Ministry are 30. The Economy Ministry currently has a number of issues to settle”, he said, “Armenpress” reported.

He said those issues are extensive, and of course, require proper work. “It is obvious that the Ministry doesn’t have all the necessary powers, and the funds are not enough to completely solve them, but we must work together in order to be able to raise those issues and give them effective solution”, he said.

One of the priority issues is the implementation of economic development policy and monitoring, which is enshrined in the Charter of the Ministry, but the Ministry doesn’t have all the necessary powers in this regard. “Thus, we must take steps together with our partners, to hold discussions in order to understand which agency must deal with this issue, and the Government must take consistent steps over this path…During 7 months we still haven’t managed to have the major document on the economic development policy. There must be an agency or a group which will deal with this issue. I am sure this will be a priority issue for the Government”, he said.

Minasyan attached importance to the coordination works with the donor organizations. He said all the works must be done in one place which will more facilitate that process.

He said the works have been carried out towards promoting investments. The draft amendments to the Law on “Foreign Investments” were developed and put into circulation, and it will be submitted to the Parliament’s discussion soon.

Minasyan added that steps were and will be taken towards the elimination of obstacles to investments. He said the investors must be sure that they will not face problems and obstacles.

 








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