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Hrant Bagratyan

Prime Minister of RA (1993-1995)


Rating: 1.34, visits: 27755 (today: 7)

Date and Place of Birth
October 18, 1958, Yerevan
Education
1975-1979 - Yerevan Institute of National Economy
1982-1985 - Post-graduate course of the NAS Economics Institute

Career Experience
1979-1981 - Soviet army service
1990-1993 - First Deputy Head of Government, Minister of Economy
1991, September-October- Acting Head of Government
1993-1995 - Prime Minister
1995, July - Reappointed to the post of prime minister following the passage of the Constitution of the Republic of Armenia
1996-1997 - Adviser to the IMF
1998-2006 - Yerevan Brandy Factory Vice President, Director for Human Resources and Grapes Procurements
2006-2011 – professor of the economics at Russian-Armenian university (Yerevan), Kiev’s international university and university of banking affairs National Bank of Ukraine (Kiev). Lecturer of megaeconomics, microeconomics, macroeconomics, dynamic banking and Human resources management.
Hrant Bagratyan – leader of the market economic reforms of first generation in Armenia. These reforms by the World Bank (see “Armenia: Caucasian tiger” (May 2006) have been qualified as the best in post-soviet area (including Baltic countries). During Bagratyan’s staying in the Government price liberalization, land reform, privatization of small and medium size businesses have been realized. He also initiated tax, custom and banking reforms (formation of an independent central bank in January 1994). In the first half of 90’s of XX century he succeeds to increase the specific weight of the private sector in the countries GDP from 13 to 78%. He initiated the reconstruction of the Armenian nuclear power station. Thanks to this an interrupted electricity supply for population was available starting 2005. Bagratyan’s Government has a key role in the victory of Karabaghy war in 1993-1994. He was also the head of military-industrial commission at the Government of Armenia. Bagratyan initiated the relocation of the Armenian refugees from Azerbaijan in the Lachin region.

Other Details

Doctor of Economics (2004 Russia, 2005 – Armenia, 2010 – Ukraine) and Philosophy, Academician of Russia’s Humanitarian Sciences Academy.
1995 - “The men of the year” of ABI (American Biography Institute).
1998 - “The men of the millennium” of UN and Cambridge Biography Center.
2005 - Honorary Doctor of Yerevan State Economics Institute
2006 - Independent journalists recognized him as the best economic public man of Armenia for the whole period of the independence.
He has authored 11 books and 62 research papers. Books have been published in Armenian, Russian, English and Ukrainian. Author of the megaeconomics theory.
Party Membership
Chairman of Freedom Party of Armenia
Marital Status
Married, has two children.

published: 2006-01-01 00:00:00
last updated:2006-08-03 00:00:00

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