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

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  • 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.
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