Armenian Parliament refused the draft law “On restriction of cash operations”

YEREVAN, February 7. /ARKA/. National Assembly of Armenia in the first meeting of spring session which opened on Monday in Yerevan, refused the draft law submitted by the government “On the restriction of cash operations”, according to which payments in the amount of over 3 million drams ($7.7 thousand), medical services over 300 thousand drams ($770) and payments in educational institutions over 100 thousand drams ($260) are implemented only through the banking system.

For its adoption 51 MPs voted, 10 MPs abstained and 41 did not participate in voting. 

Political party “Prosperous Armenia” within the ruling coalition did not participate in voting, and the faction “Dashnaktsutyun” abstained. 

Speaker of he Armenia parliament, member of ruling republican party of Armenia Samvel Nikoyan called the behavior of his coalition colleagues from the faction “Prosperous Armenia” not understandable.

“It is obvious that the draft law is aimed at the struggle against corruption and provision of public turnover of large capital and struggle against shadow economy. That is why each political party which speaks on behalf of people and about corruption should think to match the work with words”, said Nikoyan.

In the ruling coalition in Armenia are included Republican Party of Armenia headed by the President of Armenia Serzh Sargsyan, political party “Prosperous Armenia” headed by the large Armenian entrepreneur Gagik Tsarukyan and the party “Orinats Yerkir” on the head of the Secretary of National Security Artur Baghdasaryan. Republican Party of Armenia has the majority of seats in the parliament – 63 mandates, “Prosperous Armenia” – 26 and “Orinats Yerkir” – 8 mandates. -0-