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IMF Recommends Armenian Government To Pay Serious Attention To Expor

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  • IMF Recommends Armenian Government To Pay Serious Attention To Expor

    IMF RECOMMENDS ARMENIAN GOVERNMENT TO PAY SERIOUS ATTENTION TO EXPORT DEVELOPMENT

    ArmInfo
    2010-09-30 13:19:00

    ArmInfo. International Monetary Fund recommends the government
    of Armenia to pay serious attention to the development of export,
    IMF Resident Representative in Armenia Guillermo Tolosa said at a
    press-conference.

    As he said, export is a key to development of Armenia's economy. The
    country with 30 mln of population cannot develop its economy due to
    the internal market. According to her, they recommend the Armenian
    government to stimulate export and pay more attention to this issue",
    IMF representative said.

    According to him, the situation with return of VAT to exporters is
    very sorrowful, and the state has owned large amounts to entrepreneurs
    on this tax.

    G. Tolosa added that there is some progress in this issue, however,
    the problem is slowly resolved.




    From: A. Papazian
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