Armenia is a semi-presidential republic. In terms of political and civil liberties, Armenia ranks second. Armenian citizens enjoy partial freedom. While the majority of citizens in Armenia are able to exercise their free will to some extent, some political engagement may be restricted and certain sections of the population may be barred from certain freedoms or expressions of opinion. The head of government is Armen Sarkissian.
According to the World Bank Group, Armenia's Government Effectiveness Index is -0.17. This suggests that the government of Armenia is mediocre. While some public and civil services are limited, in other cases they can be considered adequate or even effective. Potential investors should carefully assess the government situation in Armenia before considering any business maneuvers. In Armenia, legislative power rests with a national assembly. 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 weak – bankruptcy and collateral laws can 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. Armenia is a member of the United Nations (UN). On March 2, 1992, it joined the United Nations as a full member. Armenia is a member of the World Bank.