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Presidnet's Adviser: Institute For Fight Against Corruption Must Not

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  • Presidnet's Adviser: Institute For Fight Against Corruption Must Not

    PRESIDENT'S ADVISER: INSTITUTE FOR FIGHT AGAINST CORRUPTION MUST NOT BECOME A WINDOW FOR IT

    Panorama.am
    17:26 26/09/06

    "A state institute established to combat corruption first of all
    must protect the rights of citizens on legal basis and must not
    develop into a new window to bolster corruption," Vahram Nersisiants,
    economic adviser of the Armenian president, told reporters today
    while presenting the results of an annual meeting of International
    Monetary Fund (IMF) and World Bank (WB) in Singapore.

    In his words, the gathering paid special attention to corruption
    and its effective administration. The participants underscored the
    creation of a database.

    Such information should contain specific cases instead of general
    impressions, World Bank officials think.

    Nersisyants said IMP and WB will draft a paper based on the
    considerations of the gathering.

    According to a recent WB report, the situation with corruption
    deteriorated in Armenia in 2005. The source says that tax
    administration has become more corrupt.

    Thus, more companies pay bribes while registering or paying
    taxes. Corruption is reported as the major impediment in Armenia for
    the development of small and mid size businesses.
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