Medicine procurement violations badly damage Armenian budget![]() October 5, 2012 - 14:22 AMT PanARMENIAN.Net - Market research in the field of procurement of medicines by State Commission for the Protection of Economic Competition of Armenia has revealed cases of anti-competitive agreements, with several companies fined. Natali Pharm, a major distributor of medicaments in Armenia, was fined AMD 50 mln. The damage inflicted on the state budget as a result of the violation of public procurement process totaled AMD 1,5 bn. With 134 hospitals and 300 companies inspected, the study revealed that 134 health institutions purchased about 100 medicines without competitive bidding. Partner news Zvartnots airport will host a press conference on May 24 on the operation of Tel Aviv-Yerevan- Tel Aviv flights. “The increase for energy tariffs is prompted by a price hike for gas used in production,” Garegin Baghramyan said. Earlier, ArmRosgazprom CJSC addressed Armenia’s Public Services Regulatory Commission with an offer to reconsider natural gas prices. Finance Minister linked the step with the collection of air taxes. He further noted that lawsuits were filed by other lenders, too. Partner news |