RA PRIME MINISTER MET WITH IMF MISSION

RIA Oreanda
June 18 2008
Russia

Yerevan. ">OREANDA-NEWS . June 18, 2008. RA Prime Minister Tigran
Sargsyan met with head of the IMF mission Martha Castello-Branco, IMF
Permanent Representative in Armenia Ninke Oomes and the IMF Armenia
Office representatives. In our country to discuss a macroeconomic
policy- and structural reform-related agenda, the mission presented to
the Prime Minister the IMF report on Armenia’s tax reform by noting
that the current discussions may provide a basis for the upcoming
talks on a new IMF-GOA cooperation program. The meeting was attended by
the chief economic adviser to RA President, the ministers of finance
and economy, the head of the State tax service by the government,
the CBA chairman and the head of the RA National Assembly standing
committee on economic affairs.

The mission head said those at the IMF are encouraged by the
Government’s undertakings in the area of tax reform as reflected
in the government program which she said to be in conformity
with the principles issued by the Fund. In the opinion of mission
representatives, aimed at curbing poverty and keeping up the pace
of growth whilst combating corruption, Armenia’s tax reform program
is sufficiently comprehensive and all it needs is implementing in a
coherent manner, account taken of the observations and recommendations
raised in the Report. During the discussion, the interlocutors
underscored the logic behind these reforms, namely the need for
informing the public at large in a timely and easy-to-reach manner.

Expressing his appreciation for the preparation of the report, Prime
Minister Tigran Sargsyan valued the comments available in the paper
which is supposed to provide a framework for the development and
implementation of the new bilateral cooperation program.