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    Categories: News

World Bank Releases "Doing Business S2010 Report: Armenia Ranks 43rd

WORLD BANK RELEASES "DOING BUSINESS S2010 REPORT: ARMENIA RANKS 43RD
Hasmik Dilanyan

"Radiolur"
29.09.2009 18:18

Despite the efforts of the Armenian Government, there is still much
to do to ensure a good business atmosphere in the country. This is
proved by the results of the "Doing Business 2010" report of the
World Bank. Part of Armenian businessmen is dissatisfied with the
report. President of the Union of Manufacturers and Businessmen Arsen
Ghazaryan considers that the methodology has to be changed.

According to the "Doing Business 2010" report," Armenia has advanced
seven positions. This, however, does not satisfy Prime Minister
Tigran Sargsyan. "Our neighbors Azerbaijan and Georgia have registered
greater success. Azerbaijan considerably improved its positions last
year, Georgia is also among the leaders. We are leading only on some
criteria," Tigran Sargsyan said.

Mamian George:
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