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RA NA Special Sitting Convened On Deputies' Initiative Opens

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  • RA NA Special Sitting Convened On Deputies' Initiative Opens

    RA NA SPECIAL SITTING CONVENED ON DEPUTIES' INITIATIVE OPENS

    Noyan Tapan
    http://www.nt.am/news.php?shownews=113782
    Ma y 26, 2008

    YEREVAN, MAY 26, NOYAN TAPAN. The RA National Assembly, at the special
    sitting convened on May 26 on deputies initiative adopted the 13
    bills and legislative packages discussed on May 22, the last day of
    the regular four-day session. Packages of bills On Fighting Money
    Laundering and Financing of Terrorism, On Asset Securitization and
    on Securities Provided with Assets and the bill On National Debt were
    adopted in the third reading and completely. The latter, in particular,
    stipulated that as of December 31 of the given year the national debt
    should not exceed 60% of GDP of the previous year in RA.

    The package of bills On Peculiarities of Administrative Examination
    On Cases of Violations of Traffic Rules Revealed with Videoing or
    Photographing Devices was adopted in the second reading, as well
    as amendments and addenda were made to a number of valid laws and
    codes in the first and second readings. In particular, according to
    the amendments made to the valid law On Approving Annual and Complex
    Programs of Restoration, Preservation, Reproduction, and Use of Lake
    Sevan's Ecosystem, the maximum annual amount of water outlet from Lake
    Sevan for the purpose of irrigation is set 285 million sq.m. instead
    of the current 170 million sq.m.

    The parliament also ratified the agreement On Administrative Mutual
    Assistance between the RA Government and Georgian Government signed
    on October 15, 2007 in Yerevan.
    From: Baghdasarian
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