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5.12.2024

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05.12.2024
Committees endorse bills debated in second reading
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At the extraordinary sitting of the Standing Committee on Economic Affairs on December 5, the draft law on Amending the Tax Code of the Republic of Armenia was debated and endorsed in the second reading. By the legislative initiative, entities engaged in the production of agricultural products will be exempted from paying profit tax by 31 December 2026.

No proposals were submitted on the draft during the period from the first to the second reading.

The draft law has been endorsed.

At the extraordinary sitting of the NA Standing Committee on Territorial Administration, Local Self-Government, Agriculture and Environment Protection held on the same day, the draft law providing for an addendum to the law on Local Self-Government, authored by the NA deputies of the Civil Contract Faction Vladimir Vardanyan, Anush Kloyan and Emma Palyan, was debated in the second reading.

The key rapporteur Vladimir Vardanyan informed that during the period from the first to the second reading, no written proposals were submitted. The Committee debated the oral proposal submitted by the deputy of the NA Armenia Faction Arman Ghazaryan, which was not accepted.

The Committee endorsed the draft law.


05.12.2024
A number of draft laws debated in second reading at extraordinary sitting of National Assembly
At the extraordinary sitting convened on December 5, at the initiative of the Government, the Parliament debated a number of draft laws in the second reading.The Minister of Justice Srbuhi Galyan presented the revised version of the legislative package providing for amendments and addenda to the Ele...

05.12.2024
It is proposed to regulate issues related to prematurely termination of the powers of the Community Council of Elders
“The amendment to the Law on Local Self-Government is intended to eliminate the power vacuum that may arise in cases where we encounter a situation where the Community Council of Elders has prematurely terminated its powers as a result of inaction or failure to fulfill its functions, and in that sit...

05.12.2024
Alen Simonyan meets with Special Envoy of Canada to the European Union, Europe and Armenia Stéphane Dion
On December 5, the RA NA President Alen Simonyan received the Special Envoy of Canada to the European Union, Europe and Armenia Stéphane Dion. The sides discussed a large scope of issues regarding the agenda of the Armenian-Canadian relations, including different issues on the inter-parliamentary co...

05.12.2024
Positive changes for the benefit of RA citizens and improving the business environment
The government makes positive changes for the benefit of the citizens of the Republic of Armenia and improving the business environment. During the NA extraordinary sitting convened on December 5, the RA Minister of Economy Gevorg Papoyan said this, presenting the draft law on Amending the RA Tax Co...

05.12.2024
Asian Development Bank to provide Armenia a loan of 89.469.000 euros by the Agreement
The Fiscal Stability and Financial Markets Development Program and Subprogram 2 Loan Agreement between the Republic of Armenia and the Asian Development Bank was signed on November 1, 2024. The Agreement envisages attracting a budget support loan in the amount of 89,469,000 euros. The Agreement will...

05.12.2024
National Assembly convenes extraordinary sitting on the initiative of Government
On December 5, on the initiative of the Government the National Assembly convened an extraordinary sitting. The Parliament, approving the agenda of the extraordinary sitting, debated the draft law on Ratifying the Loan Agreement Second Green, Resilient and Inclusive Development Program between the R...

05.12.2024
Armen Marukhyan elected member of Corruption Prevention Commission
Based on the decision of the Competition Council, the candidacies of Narine Azaryan and Armen Marukhyan were proposed for the vacant position of member of the Corruption Prevention Commission.63 NA deputies out of 107 took part in voting. 2 deputies voted for Narine Azaryan’s candidacy and 7 deputie...

05.12.2024
National Assembly continues work of regular sittings
On December 5, the parliament continued the work of the regular sittings.The deputies debated in the second reading the draft law on Amendments and Addenda to the Law on Remuneration of Persons Holding State Positions and State Service Positions authored by the Government, the adoption of which is c...

05.12.2024
Entities engaged in production of agricultural products to be exempted from paying profit tax by 31 December 2026
According to the legislative initiative, the entities engaged in the production of agricultural products will be exempted from paying profit tax by 31 December 2026. This was stated by the Minister of Economy of the Republic of Armenia Gevorg Papoyan during the extraordinary sitting of the Standing ...

05.12.2024
Committee endorses proposed addendum to Law on Local Self-Government
The deputies of the NA Civil Contract Faction Vladimir Vardanyan, Anush Kloyan and Emma Palyan proposed to make an amendment to the Law on Local Self-Government.The issue was debated at the extraordinary sitting of the NA Standing Committee on Territorial Administration, Local Self-Government, Agric...



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