INTERNATIONAL FINANCE CORPORATION TO ASSIST REFORMS IN ARMENIA
Noyan Tapan
March 24, 2010
YEREVAN, MARCH 24, NOYAN TAPAN. The reforms in business and inspection
sectors, as envisaged by the Armenian government’s program of measures
on improvement of the business environment, were discussed at the
March 24 meeting of Armenian Prime Minister Tigran Sargsyan and the
International Finance Corporation (IFC) Director for Central and
Eastern Europe Snezhana Stoiljkovic.
T. Sargsyan attached special importance to the use of international
experience through provision of advice. As a priority direction of
cooperation, he pointed out the IFC’s participation in the financing of
high and information technology sector, as well as in the introduction
of corporate management culture. T. Sargsyan considered as perspective
the involvement of IFC in venture funds being established in Armenia,
stressing the necessity to work out forms of such participation.
The RA Government Information and PR Department reported that the
interlocutors discussed a number of problems related to energy sector,
the processing of agricultural products, the creation of free economic
zones, the attraction of private capital to the All-Armenian Bank,
etc. The sides considered it important to launch new initiatives on
overcoming the consequences of the global economic crisis.