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03 June 2011

Armenia adopts "guillotine"...

...of course, only for excessive regulation ! Following Scott Jacobs's trip to Yerevan earlier this year, reform is under way in Armenia, as already noted here. See latest news on yesterday's Arka press item. Extracts:  "Prime Minister Tigran Sargsyan presented prospects for introduction of the Regulatory Guillotine, a rapidly spreading regulatory reform tool, in Armenia (...) Introduction of this instrument that lessens bureaucracy and enhances state administration in Armenia has been initiated by the Armenian government and okayed by the OSCE Yerevan Office.
“You know what the Regulatory Guillotine concept is,” the premier said. “I met with Mr. Scott Jacobs, one of its main authors, and I want to thank the OSCE for giving me such a chance. After we got familiar with the broad concept, we approved it. The economy ministry’s team has worked with Jacobs, and this is five months our team is carrying out necessary preparations for introduction of this concept. The concept has been upheld also by the Armenian president. We have decided to set up an interdepartmental council for coordinating this work.”  Sargsyan stressed the importance of reformation in regulatory area saying it would lessen corruption risks and improve business environment in the country. He said the concept also implies improvement of tax and customs administration.

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