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Armenia Has Highest Point in Terms of Implementation of WB Programs

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  • Armenia Has Highest Point in Terms of Implementation of WB Programs

    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.
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