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ARMENIA TO SUPPORT SMES
CISTran Finance
March 9 2015
March 9, 2015 5:00 AM
By CISTran Finance Reports
A measure that would provide support for small and medium-sized
enterprises (SME) in Armenia was approved during a meeting chaired
by Prime Minister Hovik Abrahamyan on Thursday.
The measure is to meant to increase the presence of these kinds of
businesses within the national gross domestic product, including in
areas with little to no SME activity. It will largely help SMEs in
more remote areas including those at the borders.
Abrahamyan predicted that the measure would result in a drop in
unemployment of approximately 12 percent in the targeted areas.
Other matters discussed during the meeting included changes to laws
relating to voluntary work, the bankruptcy law and issues dealing
with current legislation on prosecution practices.
All matters and measures discussed will be submitted to the National
Assembly for approval.
http://cistranfinance.com/news/armenia-to-support-smes/6390/
From: Baghdasarian
CISTran Finance
March 9 2015
March 9, 2015 5:00 AM
By CISTran Finance Reports
A measure that would provide support for small and medium-sized
enterprises (SME) in Armenia was approved during a meeting chaired
by Prime Minister Hovik Abrahamyan on Thursday.
The measure is to meant to increase the presence of these kinds of
businesses within the national gross domestic product, including in
areas with little to no SME activity. It will largely help SMEs in
more remote areas including those at the borders.
Abrahamyan predicted that the measure would result in a drop in
unemployment of approximately 12 percent in the targeted areas.
Other matters discussed during the meeting included changes to laws
relating to voluntary work, the bankruptcy law and issues dealing
with current legislation on prosecution practices.
All matters and measures discussed will be submitted to the National
Assembly for approval.
http://cistranfinance.com/news/armenia-to-support-smes/6390/
From: Baghdasarian