An Investment Committee will be established in Armenia, according to a decision signed by Prime Minister Nikol Pashinyan on Friday, February 18.

The meetings of the Investment Committee will be recorded, but won't be subject to publication, the decision published on the government's website reveals.

The Prime Minister, or in his absence a Deputy Prime Minister, is set to preside over the meetings, which are aimed at selecting the evaluated public investment projects, determine priorities, approve and make final decisions on them.

"The Investment Committee discusses public investment programs evaluated by the Ministry of Economy of the Republic of Armenia, approves priorities and compiles a relevant list," the decision reads.