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PM: Armenia needs profound change

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PM: Armenia needs profound change

Armenia needs profound change, and “we’re proposing the most rapid change that’s possible,” Prime Minister of Armenia Karen Karapetyan said in an interview with Bloomberg on Monday.

In particular, Karapetyan mentioned the measures to combat corruption by streamlining bureaucracy and a government fund to support enterprise.

In his words, “businesses shouldn’t be obstructed” by corrupt officials or by dominant rivals using political ties to restrict competition. “We will create an even, competitive, level playing field,” the Prime Minister said.

He also stressed that changes in the leadership of the customs service and in the Tax Code are contributing to the improvement of transparency, and he won’t allow dominant players to use “administrative support that isn’t available to others’’ to suppress competition. “No one is immune and no o...

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