Ministry of Economy (Armenia)

The Ministry of Economy of Armenia (Armenian: Հայաստանի էկոնոմիկայի նախարարություն, romanized: Ekonomikayi nakhararut’yun) is a ministry within the Government of Armenia.

The Ministry of Economy of Armenia
Հայաստանի էկոնոմիկայի նախարարություն
Ministry overview
Formed1990 (1990)
JurisdictionGovernment of Armenia
HeadquartersYerevan, Armenia
Minister responsible
  • Vahan Kerobyan
Websitemineconomy.am

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.[1]

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.[2]

Ministers
NameTook officeLeft officeOffice Prime Minister

(Cabinet)

Hrant Bagratyan19911993Minister of Economy Vazgen Manukyan, Gagik Harutyunyan, Khosrov Harutyunyan
Armen Yeghiazaryan19931995Minister of Economy Hrant Bagratyan
Andranik Andreasyan19951996Minister of Economy Hrant Bagratyan
Vahram Avanesyan19961997Minister of Economy Armen Sarkissian
Garnik Nanagulyan19971998Minister of Industry and Trade Robert Kocharyan
Hayk Gevorgyan19981999Minister of Industry and Trade Armen Darbinyan
Armen Darbinyan19992000Minister of Industry and Trade Vazgen Sargsyan, Aram Sargsyan
Karen Chshmaritian20002007Minister of Industry and Trade then Minister of Trade and Economic Development Andranik Margaryan
Nerses Yeritsyan20072008Minister of Trade and Economic Development Serzh Sargysyan
Nerses Yeritsyan20082010 Minister of Economy Tigran Sargsyan
Tigran Davtyan20102013 Minister of Economy Tigran Sargsyan
Vahram Avanesyan20132014 Minister of Economy Tigran Sargsyan
Karen Chshmaritian20142016 Minister of Economy Hovik Abrahamyan
Artsvik Minasyan24 February 201627 September 2016 Minister of Economy Hovik Abrahamyan, Karen Karapetyan
Suren Karayan27 September 201612 May 2018 Minister of Economy then Ministry of Economic Development and Investments Karen Karapetyan, Serzh Sargsyan
Artsvik Minasyan 12 May 2018 3 October 2018 Minister of Economic Development and Investments Nikol Pashinyan
Tigran Khachatryan15 October 2018 Minister of Economic Development and Investments / Minister of Economy Nikol Pashinyan
Vahan Kerobyan26 November 2020 Minister of Economic Development and Investments / Minister of Economy Nikol Pashinyan

See also

References
  1. "About the Ministry". mineconomy.am. Retrieved 2018-05-13.
  2. "Armenia to have 12 ministries instead of current 17". news.am. Retrieved 2020-01-29.
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