ARMENIA HAS HIGHEST POINT IN TERMS OF IMPLEMENTATION OF WB PROGRAMS,
WB REGIONAL DIRECTOR SAYS
YEREVAN, JUNE 1, NOYAN TAPAN. Armenia has the highest point on the
rating scale of implementation of the World Bank (WB) programs and
steps aimed at improving the business and investment climate. The
World Bank Regional Director for Europe, Central Asia and the South
Caucasus Dona Dowsett Coirolo stated this during a meeting with the
Armenian President Robert Kocharian on May 31.
According to the RA President’s press service, during the meeting, at
which the WB Yerevan Office Director Roger Robinson was also present,
the sides discussed the existing problems and work to be done in a
number of spheres. Robert Kocharian noted that serious steps are
being taken in order to make customs and tax functions more public, an
attempt is being made to reduce customs officer – economic entity
contacts to the minimum. The sides also addressed problems of the
fight against corruption. The Armenian President said that an active
process of reforms is underway in the court and legal system,
anticipating the World Bank’s advisory assistance in this respect as
well.