USAID to allocate $10m for improving Armenia’s tax system

Noyan Tapan News Agency
Sept 19 2005

USAID TO ALLOCATE 10 MLN DOLLARS FOR IMPROVING ARMENIA’S TAX SYSTEM

YEREVAN, SEPTEMBER 19, NOYAN TAPAN. Head of the State Tax Service
adjunct to the RA government Felix Tsolakian and Director of the
USAID Armenian office Robin Philips signed on September 19 a
memorandum of mutual understanding aimed at implementing reforms in
Armenia’s tax administration.

According to the State Tax Service PR Depertment, 10 mln dollars is
envisaged for the program’s implementation. Within the next three
years, assistance will be provided to increase the revenues of the
Tax Service and make its other operations more efficient.

According to the same source, the USAID has been providing advisory
and techical assistance to the process of modernizing Armenia’s tax
system since 1998.