New PM vows to present realistic draft budget for 2017September 28, 2016 - 18:23 AMT PanARMENIAN.Net - Prime Minister Karen Karapetyan said Wednesday, September 28 that the government will present a realistic draft budget for 2017 without exaggerating the challenges or overestimating Armenia’s capabilities, the government’s press service said. Meeting the delegation of IMF Mission Chief for Armenia Hossein Samiei, Karapetyan stressed the importance of increasing the level of predictability and control for ensuring the efficiency of government activities. Also, the sides discussed bilateral ties, issues concerning the current state of the Armenian economy, changes envisaged in the tax code, business reforms, the attraction of investments, as well as those relating to the country’s fiscal and monetary policy. Read also:Premier wants new mechanisms for making business “breathe” 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 | Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. |