Armenian Government Approves Business Environment Improvement Progra

ARMENIAN GOVERNMENT APPROVES BUSINESS ENVIRONMENT IMPROVEMENT PROGRAM

ARKA
Jan 21, 2010

YEREVAN, January 21. /ARKA/. Armenian government approved a business
environment improvement program on Thursday.

Armenian Economy Minister Nerses Yeritsyan, speaking at Thursday’s
cabinet meeting, said the program has already been discussed in
various concerned agencies.

"There are some problems with Yerevan municipality in those projects
related to digitalization of cadastre cards and provision of them to
investors. Terms of implementation create some problems as well. The
deadline is February 1, but it is proposed to postpone the completion
for March 1," the minister said.

However, Yeritsyan finds this postponement unreasonable, since, if so,
the steps will lose their urgency.

The single rules are planned to be set for tax accountability and
inspections as part of the program.