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IMF DISSATISFIED WITH ECONOMIC REFORM IN ARMENIA
ArmInfo
2010-04-09 15:43:00
ArmInfo. The International Monetary Fund (IMF) is dissatisfied with
the economic reform rates in Armenia, IMF Resident Representative in
Armenia Guillermo Tolosa told media on Friday.
Unfortunately, he said, the rates of reforms in some sectors of
economy carried out by the government are lower than were expected
given the IMF's support to the government. He said that tax collection
is still low in Armenia and there is need for better reforms in the
tax administration. G. Tolosa believes that control over big business
should be toughened. He said the IMF shares the concern of the Armenian
Prime Minsiter who has recently said that tax burden is laid on small
and medium-sized enterprises rather than big companies.
ArmInfo
2010-04-09 15:43:00
ArmInfo. The International Monetary Fund (IMF) is dissatisfied with
the economic reform rates in Armenia, IMF Resident Representative in
Armenia Guillermo Tolosa told media on Friday.
Unfortunately, he said, the rates of reforms in some sectors of
economy carried out by the government are lower than were expected
given the IMF's support to the government. He said that tax collection
is still low in Armenia and there is need for better reforms in the
tax administration. G. Tolosa believes that control over big business
should be toughened. He said the IMF shares the concern of the Armenian
Prime Minsiter who has recently said that tax burden is laid on small
and medium-sized enterprises rather than big companies.