RA PRIME MINISTER TIGRAN SARGSYAN RECEIVED A DELEGATION FROM THE WORLD BANK GROUP-MEMBER INTERNATIONAL FINANCIAL CORPORATION, LED BY THE FIAS BUSINESS SUPPORTREFORM UNIT’S SENIOR ECONOMIST STEFKA SLAVOVA.

The Government of the Republic of Armenia

Monda y, 20 April 2009

Ms Slavova reminded that the delegation is in Armenia at the request
of the Armenian government to get acquainted with the current
status and future development of the Reform for Doing Business
in Armenia program. The delegation was said to have already met
with corresponding officials from the local ministries of economy,
finance, urban development and other government agencies to discuss
questions bearing on reform of tax and customs administration,
business environment, construction licenses etc.

Then Tigran Sargsyan and Stefka Slavova spoke about the outstanding
problems and discussed the proposals and recommendations formulated
by the delegation. Ms Slavova stressed the need for strengthening
the organizational framework of the program with a focus on reform
transparency.

Prime Minister Tigran Sargsyan thanked the delegation for sustained and
effective efforts in support of Armenian reforms and assured that the
delegation’s recommendations will be used in future action. Stefka
Slavova stated the delegation’s readiness to work with as much
dedication and expressed hope that program performance will improve
considerably prior to the arrival of a new delegation from the
Corporation late this May.