PM: ARMENIA’S GOVERNMENT TO PROPOSE AMBITIOUS PROGRAM OF REFORMS
ARKA News Agency
Oct 22 2007
Armenia
YEREVAN, October 22. /ARKA/. Armenia’s Government will propose an
ambitious program of further reforms and hopes for proper technical
assistance and IMF consultation, said Armenian Prime Minister Serge
Sargsyan.
"The reforms will include modernization of tax and customs
administrations, financial sector, issues of increasing the economic
cooperation," said Sargsyan during his meeting with Director of
International Monetary Fund Dominic Straus-Kan, Washington.
The RA Government’s public relations department told ARKA that
Sargsyan pointed out that since 1992 within the IMF joint programs,
Armenia has managed to achieve macroeconomic stability, rehabilitate
the shaky economy after the collapse of the USSR by providing high
indices of the economic growth.
Talking about the further cooperation with the IMF, Sargsyan pointed
out that the IMF program which terminates in May 2008 should be
continued.
The sides also discussed urgent trends of the economic development
in the country and the prospects of Armenia’s cooperation with the IMF.
Dominic Straus-Kan said about his plans about the IMF reformation
and expressed hope that Armenian Premier will assist him as a head
of government of the IMF member-state. Sargsyan promised to study
attentively the initiatives of the IMF Director and assist to
implement them.
Sargsyan also met with the American Co-Chair of the OSCE Minsk Group
Matthew Bryza. During the meeting they discussed issues of mutual
interest.
From: Baghdasarian