Medicine procurement violations badly damage Armenian budgetOctober 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. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |