YEREVAN. – The Armenian government confirmed the charter of new Ministry of International Economic Integration during the meeting on Thursday.

The new ministry will consist of two departments, that of macroeconomics and microeconomics.

Vice Prime Minister and the head of new government agency Vache Gabrielyan said the ministry will monitor the programs with international economic structures, as well as national reforms.

The Ministry will canalize relations with international economic organizations and will put forward proposals as well as coordinate ongoing work of ministries with these structures, including inter-branch reforms.

The new Ministry was established in late November. Vache Gabrielyan took the office of the minister and deputy prime minister on November 28.