National Assembly of RA, Armenia
March 12 2009
Prime Minister of the Republic of Armenia Meets with Coalition
Factions
On March 11 RA NA Speaker Mr Hovik Abrahamyan and RA Prime Minister Mr
Tigran Sargsyan in the National met with the coalition factions
Prosperous Armenia, ARF and Country of Law factions. We’ll note that
the Prime Minister met with the RPA faction members on March 9 at the
central office of the party.
RA NA Speaker Mr Hovik Abrahamyan noted that the goal of the meeting
was to discuss the mechanisms envisaged by the Government for
overcoming the created situation under the conditions of financial and
economic crisis,
RA Prime Minister Mr Tigran Sargsyan noted that on November 12, 2008
the Government submitted the anti-crisis programme to the parliament,
after which the executive body approved the timetable stemming from
the programme. It was stressed that the Government had distinct
assessments over the created situation: the private direct investments
have been reduced, temporary freezing has taken place in the sphere of
mining industry, some investment programmes have been delayed, private
transfers have been reduced. In the Prime Minister’s words, as a
result, reduction of the consumption volumes, deterioration of the
payment balance and formation of the creditors’ negative expectations
appear.
Presenting the priority steps of the Government for overcoming the
financial-economic influence and their consequences in Armenia the
Prime Minister noted that the executive body would focus its attention
providing the regular activity of the substructures, protection of
small and medium entrepreneurship and social expenditures. An
operative headquarters was set up, which discusses concrete problems
and solves them. The redistribution of the expenditures will be done
according to quarters; in fact, in the first and second quarters they
will work with strict saving regime, giving preference to social
expenditures, salaries, pensions, payment of the allowances. The Prime
Minister answered many questions concerning the MPs. The
representatives of the coalition factions submitted their proposals to
the Prime Minister on overcoming the crisis with joint efforts. Mr
Tigran Sargsyan also touched upon the necessity of fluent passing to
floating exchange rate.
The Prime Minister answered many questions concerning the MPs. The
representatives of the coalition factions submitted their proposals to
the Prime Minister on overcoming the crisis with joint efforts.