The Ministry of Economy of Armenia ( hy, Հայաստանի էկոնոմիկայի նախարարություն) is a ministry within the
Government
A government is the system or group of people governing an organized community, generally a state.
In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is ...
of
Armenia
Armenia (), , group=pron officially the Republic of Armenia,, is a landlocked country in the Armenian Highlands of Western Asia.The UNbr>classification of world regions places Armenia in Western Asia; the CIA World Factbook , , and ' ...
.
History
It was formed in 1990 after the reorganization of the State Planning Committee of the
Soviet Socialist Republic of Armenia.
On 10 June 1997, in accordance with Armenian Presidential Decree No. 747 on "Changes in Structure of the Government of the Republic of Armenia” the Ministry of Trade, Services and Tourism, the Ministry of Industry, and the Ministry of Economy were merged into one ministry: the Ministry of Industry and Trade of the Republic of Armenia.
On 16 March 2002, in accordance with Presidential Decrees No. 1063 and 1064, the Ministry of Industry and Trade was reorganized into the Ministry of Trade and Economic Development.
On 21 April 2008, in accordance with a Presidential Decree, the Ministry of Trade and Economic Development was renamed the Ministry of Economy of the Republic of Armenia. On 29 September 2016 the ministry was again renamed, this time to the Ministry of Economic Development and Investments of the Republic of Armenia.
There are 22 structural and three separate departments in the organizational structure of the Ministry of Economy. Also, four state organizations and companies operate within the Ministry.
In March 2019 Ministry of Agriculture was merged into the Ministry of Economic Development and Investments, and the latter was renamed to Ministry of Economy.
Ministers
See also
*
Economy of Armenia
The Armenian economy contracted sharply in 2020, by 5.7%, mainly due to the 2020 Armenia-Azerbaijan war. In contrast it grew by 7.6 per cent in 2019, the largest recorded growth since 2007, while between 2012 and 2018 GDP grew 40.7%, and key ba ...
References
External links
Ministry of Economyon Facebook
Economy
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the ...
Armenia
Armenia (), , group=pron officially the Republic of Armenia,, is a landlocked country in the Armenian Highlands of Western Asia.The UNbr>classification of world regions places Armenia in Western Asia; the CIA World Factbook , , and ' ...
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