Corruption remains as one of the most serious problems of Armenia. Thus, it is one of the most substantial obstacles in the economic and political development of the country, creating threats to the county’s security. The root causes of corruption in Armenia are the convergence of the political and business elites, dominance of monopolies both in political and economic realms and insufficient level of checks and balances between the branches of the government. The high level of tolerance towards corruption in the society also contributes to the prevalence of corruption in Armenia.