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Armenian Government Considers Options For Nation's Economy

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  • Armenian Government Considers Options For Nation's Economy

    ARMENIAN GOVERNMENT CONSIDERS OPTIONS FOR NATION'S ECONOMY

    CISTran Finance
    Feb 3 2015

    February 3, 2015 5:00 AM
    By CISTran Finance Reports

    During a cabinet meeting on Friday, Armenian Prime Minister Hovik
    Abrahamyan said steps should be taken to ensure the country's economy
    can survive in adverse conditions.

    As a result of the economic status in the region, the government has
    approved the issuance of foreign bonds.

    According to a report from the Republic of Armenia, with the country
    joining the Eurasian Economic Union, technical regulations from
    Armenian law and the union would be in effect.

    Because of this, the prime minister has appointed inspectorates from
    the ministries of agriculture and economics to serve as supervisory
    authorities.

    Other items discussed in the meeting included the approval of
    the Ministry of Economy to issue one-time licenses to import and
    export precious metals and their associated scrap and waste material
    with third countries. They also approved the Ministry of Health's
    authority to purchase of diabeton, a drug used to treat diabetes,
    for four years at 7 cents (US) per 60 mg capsule.

    http://cistranfinance.com/news/armenian-government-considers-options-for-nations-economy/6084/

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