On March 5, the president of Armenia signed a decree appointing Georg Papoyan as minister of economy. The decree was published on the official website of the president.
Georg Papoyan, a former deputy of the ruling faction "Civil Contract" and chairman of the National Assembly committee on financial, credit, and budgetary affairs, was approved as a candidate for the position of minister of economy by the ruling party "Civil Contract" on February 24.
Simultaneously with his appointment to the new position, Papoyan resigned from his deputy duties.
It is worth reminding that the former minister of economy Vaan Kerobyan was dismissed from his position on February 14 due to allegations of abuse of office. The court decision to place Kerobyan under house arrest for two months was made on February 16.
