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Sat Jul 15, 2023 2:09 pm (Last edited: Sat Jul 15, 2023 2:09 pm)
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In Armenia, the form of government is a semi-presidential republic. In Armenia, legislative power rests with a national assembly. The head of government is Armen Sarkissian. A country's governmental structure determines the way laws are written, passed and interpreted. The type of government determines the way elections are held as well as the country's system of policing its citizens. The term of office of the head of state in Armenia lasts until January 1, 2023. The length of a head of state's term of office has a direct impact on the power and influence of the executive position. A longer term gives the head of state more authority. The term of office of the head of state in Armenia lasts until January 1st, 2023. The length of a head of state's tenure has a direct bearing on the power and influence of the leadership position. A longer term gives the head of state more authority. The Global Peace Index (GPI) for Armenia is 2.028. The Strength of the Legal Rights Index for Armenia is 5. Overall, it is considered rather insufficient – bankruptcy and collateral laws are able to protect the rights of borrowers and lenders to a certain extent; Credit information may be sufficient but scarcely available or, conversely, available but not sufficient. In 2013, Armenia received US$272.7 million in foreign aid. In 2014, foreign aid was $400.1. |
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