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Prosperous Armenia Boycotts Parliamentary Session

Members of the Prosperous Armenia (BHK) parliamentary faction boycotted today’s National Assembly meeting, reports RFE/RL’s Armenian service (Azatutyun).

Prosperous Armenia MP Naira Zohrabyan criticized the ruling Republican Party of Armenia’s (HHK) reaction to her party’s position on the RA Law on Restrictions on Cash Transactions, considering HHK member’s statements on the matter to be inappropriate. Note, BHK didn’t participate in yesterday’s voting and the law was not adopted.

As reported by RFE/RL’s Armenian service, the bill involved a package of draft amendments to several economic laws. The most important of them would ban cash transactions among businesses exceeding 3 million drams ($7,770). The Armenian government says the measure would improve tax administration and make tax evasion more difficult.

Today, Zohrabyan said an “nonconstructive political situation has been created.” HHK announced a 20-minute recess, after which the meeting continued, but to discuss other matters. Speaking to RFE/RL’s Armenian service, Zohrabyan said her party’s boycott only applies to today’s meeting and Prosperous Armenia will participate in parliamentary activities tomorrow.