World Bank official happy with tax reforms in Armenia

World Bank official happy with tax reforms in Armenia

24 Feb 05


Armenian President Robert Kocharyan today received the director of the
World Bank [WB] office in Yerevan, Roger Robinson.

Robinson expressed satisfaction with an increase in tax revenues in
the state budget of Armenia in 2005 caused by the reforms in the tax
legislation, the Armenian presidential press service told Arminfo news

The guest also expressed satisfaction that the Tax Service had been
given the authority to collect the compulsory social payments.

The WB representative spoke highly of the reforms in the judiciary,
particularly, the construction of new court buildings financed by the

During the meeting, the sides touched on the number of issues
concerning the WB’s other programmes in Armenia.

To recap, 36 World Bank programmes to the tune of 820m dollars have
been implemented in Armenia since 1992.

From: Emil Lazarian | Ararat NewsPress