Minister of economy presented expectations from “Regulating guillotine” program

YEREVAN, MAY 22, ARMENPRESS: “Regulating guillotine” program implemented by Armenian government is aimed at supporting small and medium businesses. This was noted by Armenian Minister of economy Vahram Avanesyan during May 22 NA question and answer when responding to deputy of RPA fraction Karine Achemyan’s question regarding the time when small and medium businesses would feel the positive impact of that program.

Vahram Avanesyan didn’t mention any concrete deadlines, nevertheless, clarified that normative acts were going to be cut for 30%.

The goal of “Regulating guillotine” program is to improve the business environment promoting the increase of administration efficiency and support to small and medium businesses.