Education
He studied at Yerevan State Institute of Economy, then completed post-graduate studies at Artsakh State University.
He studied at Yerevan State Institute of Economy, then completed post-graduate studies at Artsakh State University.
He was suggested by the President of Nagorno-Karabakh Bako Sahakyan and was unanimously approved by the Parliament of Karabakh on 14 September 2007, by 32 out of 32 present parliamentarians. Arayik Harutyunyan started his career working as a bank manager in one of the branches of Armenian banks in Stepanakert. Later on he co-managed a number of private enterprises including Karabakh Gold factory.
His first participation in the political life started in 2004 when he supported one of the candidates in the elections of Mayor of Stepanakert, who lost the elections.
During the parliamentary elections in Nagorno Karabakh in June 2005 Arayik Harutyunyan created ‘Free Motherland’ Party. In newly elected parliament Arayik Harutyunyan headed the commission on financial, budget and economy management.
His first speech as a Prime Minister was full of promises to revive the economy, democracy and social justice in the country. The urgent steps that the new Prime Minister promised to take, included ‘fight against the corruption, protectionism, clan system and social evil’.