Chairman of National Competitiveness Council of Armenia: National
competition stiffening programs should be developed for at least
3-5-year term

2009-03-10 13:26:00

ArmInfo. National competition stiffening programs should be developed
for at least 3- 5-year term, Executive Officer of the National
Competitiveness Fund of Armenia Bekor Papazyan told ArmInfo.

To recall, Armenia was in the 97th position out of 134 in the Global
Competitiveness Report for 2007-2008 published by the World Economic
Forum (WEF). Azerbaijan and Georgia proved the 69th and the 90th
respectively. The report outlined the key obstacles to development of
economy in Armenia i.e. corruption, low level of tax administration and
regulation of currency rates, as well as dissatisfactory activity of
the government machine. ‘Improvement of the country’s position in the
rating at WEF or any other rating should not be an end in itself. We
can take measures to improve our positions by two and three indices and
artificially raise our rating. However, a real growth of
competitiveness requires at least 3-5 years. So, I do not think that
our current programs will have any significant impact on Armenia’s
rating in 2009’, B. Papazyan said.