Armenian government and Austrian development agency signed a grant agreement.

A grant agreement was signed between the Government of the Republic of Armenia and the Austrian Development Agency. 

The document was signed by the head of Staff of the Government of Armenia, David Sargsyan, and The Austrian Development Agency’s Attache in the South Caucasus on issues of technical cooperation, Alexander Bohr. 

The implementation of the “regulating guillotine” rapid reforms tool will allow to refresh the regulatory policy of Armenia and considerably improve the business atmosphere, thus contributing to the reduction of bureaucracy and raise the effectiveness of governance.