WORLD BANK CITES WIDESPREAD CORRUPTION IN ARMENIA
AssA-Irada, Azerbaijan
July 26, 2006 Wednesday
Corruption and bribery in Armenia has increased compared to previous
years, the World Bank said in a recent report. A survey conducted
among representatives of numerous private companies of the country
suggests that Armenian companies continued to give bribes last year,
the WB Yerevan office said. Armenian customs and taxation bodies
are the most corrupt, as businesspeople and potential investors
continue to face serious problems in this area and are regularly
prompted to give bribes, according to the study. Corruption is also
ingrained in the judiciary field, although its levels remain unchanged
compared to 2002, the WB said. The World Bank experts indicated that
corruption poses serious risks to business in Armenia, Tajikistan
and Uzbekistan. The reforms in Armenia, Russia and Albania carried
out in 2002-2005 to solve the problem were very slow. The cases of
corruption are widespread in the registration of companies in Armenia,
Russia and Moldova, the report said. The WB research of this kind is
conducted in 26 countries and Turkey three times a year.
From: Baghdasarian