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According to WB Data, Frequency of Bribing by Armenian Companies Rem

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  • According to WB Data, Frequency of Bribing by Armenian Companies Rem

    ACCORDING TO WB DATA, FREQUENCY OF BRIBING BY ARMENIAN COMPANIES REMAINS UNCHANGED

    YEREVAN, JULY 26, NOYAN TAPAN. According to the latest evaluations of
    the World Bank, the frequency of bribing by Armenian companies in 2005
    as compared with 2002 has remained unchanged. At the same time, the
    WB report titled "Fighting Corruption in Countries with Transitional
    Economy" read that in Armenia, Tajikistan and Uzbekistan the data of
    2002 and 2005 are almost the same, which shows that corruption is not
    considered such a serious problem there as in another CIS countries.

    In spite of the fact that in Croatia, Lithuania, Armenia and Hungary
    the proportion of bribes' "tax load" in the revenues of companies
    has not essentially changed in the above mentioned three years,
    the quick growth of these countries' economies gives an occasion
    to suppose that the total amount of resources spent on bribes have
    considerably increased in this period.

    According to WB's survey on business environment and entrepreneurial
    activity, in the period from 2002 to 2005 corruption as a problem
    impeding business has been considerably mitigated in Bulgaria, Latvia,
    Slovakia, Ukraine, Georgia and Slovenia, whereas the situation in
    Albania, Russia and Azerbaijan has considerably worsened and in
    Armenia and Macedonia it has become a more serious problem.
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