Armenian president and IMF delegation discuss reforms

Public Television of Armenia, Yerevan
5 Mar 05

President Robert Kocharyan received a delegation of the International
Monetary Fund [IMF] on 5 March to discuss the implementation of the
IMF programmes in Armenia. The sides stressed the importance of
continued reform of the country’s tax and custom systems. They said
that new approaches and mechanisms should be adopted to improve these
systems and to make them more effective.

The IMF delegation expressed readiness to assist the Armenian
government in this process.

The IMF delegation submitted to the president a programme of actions,
which had been drafted by the IMF, to improve monitoring of the
banking system.

During the meeting President Kocharyan said that certain reforms are
being carried out in the mortgage and insurance systems, as well as
in the pension system.

[Video showed the meeting]

From: Emil Lazarian | Ararat NewsPress