Online procurement system to be introduced in Armenia in 2012![]() ![]() PanARMENIAN.Net - Starting from 2012, state procurements in Armenia will be implemented through armeps.am online system, RA Finance Minister said. “The system enables to avoid any kind of mediation, substitution of information and falsification. It will also help boost transparency of state expenditures and reduce corruption risks,” Vache Gabrielyan told a press conference on November 14. According to the Minister, initial results of tenders are due December 2012, with about 60 government institutions engaged. In this context, he noted that those willing to participate should register in Public Procurement Office. ![]() ![]() Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. ![]() ![]() Partner news | ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |