Reviewing the Regulatory Normative Legal Acts (Regulatory Guillotine Project) (AM0001)
Overview
At-a-Glance
Action Plan: Armenia Action Plan 2011-2012
Action Plan Cycle: 2012
Status:
Institutions
Lead Institution: Council for Reformation of Legal Acts Regulating Economic Sector
Support Institution(s): Armenian Development Agency, Organization of Security and Cooperation in Europe, World Bank, United Nations Development Programme, United States Agency for International Development
Policy Areas
Legislation, Private SectorIRM Review
IRM Report: Armenia IRM Progress Report 2012-2013
Early Results: No IRM Data
Design i
Verifiable: No
Relevant to OGP Values: No
Ambition (see definition): Low
Implementation i
Description
The Government of Armenia has embarked on a broad regulatory simplification reform known as the “regulatory guillotine.” The guillotine makes use of best international practices to count, review, and streamlines the national regulatory frameworks affecting business activity and the daily lives of citizens. The reform aims at eliminating or simplifying legal norms that are not needed or are not business friendly. This quick framework plan will result in an improved business environment creating better opportunities for FDI and promoting economic development and job creation in Armenia. Moreover, a Draft Law on state registration of legal entities, state record of legal entity’s separate units, establishments, individual entrepreneurs as well as other draft laws related to betterment of business environment have been submitted to the Government for its consideration.