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Rapid Econ. Dev. Conditioned by Coordinated Coop of all branches

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  • Rapid Econ. Dev. Conditioned by Coordinated Coop of all branches

    ARKA News Agency, Armenia
    July 22 2005

    RAPID DEVELOPMENT OF ARMENIA'S ECONOMY CONDITIONED BY COORDINATED
    COOPERATION OF ALL BRANCHES OF POWER: IMF REP

    YEREVAN, July 22. /ARKA/. One of the conditions of the rapid
    development of Armenia's economy is coordinated cooperation of all
    branches of power and implementation of a flexible economic policy,
    the RA NA Public Relations Department reports referring to the IMF
    Deputy Managing Director Agustin Carstens, who met with RA NA
    Vice-Speaker Tigran Torosyan. Carstens reported that certain programs
    of technical assistance to Armenia have already been elaborated, and
    they will be implemented in tax and customs spheres. He also said
    that the IMF will shortly implement a large-scale program in the
    South Caucasian countries.
    In his turn, Vice-Speaker Torosyan pointed out the importance to
    Armenia's cooperation with the IMF, especially in the aspect of
    Armenia's long-term plans of entering the EU. "Cooperation between
    Armenia and the IMF in this direction may produce good results.
    Armenia is the only post-Soviet country that has registered economic
    indicators close to those of the EU member-countries", Torosyan said.
    A.A. -0--
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