Mopeds, tricycles, and ATVs in Armenia will be included in the compulsory motor third-party liability insurance (CMTPL) system

YEREVAN, March 4. /ARKA/. At its session on Wednesday, the National Assembly of Armenia adopted amendments to the law “On Compulsory Liability Insurance Arising from the Use of Motor Vehicles” in the first reading.

Armenian Deputy Minister of Internal Affairs Armen Ghazaryan stated that mopeds, tricycles, and ATVs are proposed to be included in the compulsory motor third-party liability insurance (CMTPL) system in Armenia, given the recent increase in the number of such vehicles on the roads.

Ghazaryan reported that as of March 1, 2,594 two-wheeled mopeds, 29 three-wheeled mopeds, and 127 tricycles and ATVs were registered in Armenia.

spot_img

POPULAR

Armenia to Receive $284.4 Million from IBRD to Provide Housing for IDPs from Artsakh and Develop the Mortgage Market

On Thursday, the Armenian government approved the ratification of a financial agreement and the approval of a grant agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for $284.4 million.

Institutional Trust and Portfolio Diversification: Renshin LLC Bonds Debut on the AMX

A major milestone in the institutional alignment of Armenia’s financial and real sectors was recorded on July 8, as bonds issued by Renshin LLC—a leading real estate developer—were officially listed on the Armenian Securities Exchange (AMX).

Central Bank of Armenia named five key factors influencing inflation

In an interview with CivilNet, Armen Ktoyan, a member of the Board of the Central Bank of Armenia, listed five factors influencing inflation in the country.

IDBank warns of scam calls impersonating pension funds

There is a growing risk of scam calls targeting the most vulnerable category of citizens -pensioners.

Inflation of 5.1% recorded in Armenia in June

In the Armenian consumer market, 12-month inflation in June of this year amounted to 5.1%, according to a report from the Statistical Committee of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img