YEREVAN. – At present, there are approximately 26,000 business regulation legal acts in Armenia, and close to 30 percent of them will be cut down and 20-30 percent will be simplified, Armenian National Center for Regulation of Legislation Acting Director, former Economy Minister Armen Yeghiazaryan stated during a press conference on Wednesday. 

The legal acts will be reduced along the lines of a two-year “Regulatory Guillotine” program, whose principle is: to eliminate unnecessary normative acts and to cut down on ineffective expenditure in a short jump of time.       

Yeghiazaryan also informed that this “guillotine” will be used in the domains of public services, transport, tax and customs, and in pharmaceutical and dental services.   

Also, normative acts within education and other domains will be “decapitated” in the future.