On September 1 the NA Standing Committee on Financial-Credit and Budgetary Affairs moderated by Gagik Minasyan discussed the draft package of the bill on “Amendments to the RA law on “RA Central Bank”” and attached bills. The keynote speaker, Deputy Chairman of the RA Central Bank Nerses Yeritsyan noted that as a result of the drafted amendments it would be possible to reveal and regulate risks of the financial groups functioning in the RA, ensuring stability of the financial market.
It is also suggested that CB should have a Chairman with two Deputy Chairmen, in which case it will be possible to form a full managerial body, which will implement operational management and interim decision-making.
The Committee gave a positive conclusion to the discussed package for including it on the draft agenda of the 8th session of the NA 5th convocation.
The Committee discussed in the second reading the bill on “Amendments to the RA law on “ Guaranteeing Compensation of Bank Deposits” authorized by Mikayel Melkumyan, Naira Zohrabyan, Elinar Vardanyan and gave a positive conclusion.
The First deputy Mayor of Yerevan City Kamo Areyan presented the loan agreement on “Yerevan Street Lighting Project” signed on 11 May 2015 between the
The agreement will be submitted to the parliament’s ratification with the Committee’s positive conclusion.
The members of the Committee by the submission of the Deputy Finance Minister - Chief Treasurer, Atom Janjughazyan, discussed the reference of state budget performance of the first half of the year 2015. It has been noted the average inflation rate in the first half of the year 2015 has been 5.1 %. 0.3 % nominal growth of total revenues and 15.7% growth of expenditures of the state budget have been recorded. In January-June of 2015 4.2% growth of economic activity in real terms has been registered over the same period of the previous year.
On Knowledge Day Galust Sahakyan Visits School N 89
On September 1, on Knowledge Day, the RA NA President Galust Sahakyan visited Daniel Varuzhan Basic School N 89 in Yerevan. The pupils and teachers met the NA Speaker with great excitement and fanfare. During the festive event the pupils came up with recital and musical performances....
RA NA President sends a Letter of Condolence on the Occasion of Gurgen Dalibaltayan’s Death
The RA NA President Galust Sahakyan sends a Letter of Condolence on the occasion of Gurgen Dalibaltayan’s demise.“I am deeply saddened by the renowned military and public figure, Colonel-General Gurgen Dalibaltayan’s death. ...
NA President Galust Sahakyan’s Letter of Condolence on the Occasion of Vahak Hovnanian’s Death
The RA NA President Galust Sahakyan sent a Letter of Condolence on the occasion of the reputed businessman, public figure, philanthropist Vahak Hovnanian’s death. The Letter reads:“I have learnt with deep heartache about the reputed businessman, public figure, philanthropist Vahag Hovnanian’s demise...
RA National Assembly President Galust Sahakyan’s Address on Knowledge Day
The RA NA President congratulatory message reads: ...