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World Bank Releases "Doing Business S2010 Report: Armenia Ranks 43rd

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  • World Bank Releases "Doing Business S2010 Report: Armenia Ranks 43rd

    WORLD BANK RELEASES "DOING BUSINESS S2010 REPORT: ARMENIA RANKS 43RD
    Hasmik Dilanyan

    "Radiolur"
    29.09.2009 18:18

    Despite the efforts of the Armenian Government, there is still much
    to do to ensure a good business atmosphere in the country. This is
    proved by the results of the "Doing Business 2010" report of the
    World Bank. Part of Armenian businessmen is dissatisfied with the
    report. President of the Union of Manufacturers and Businessmen Arsen
    Ghazaryan considers that the methodology has to be changed.

    According to the "Doing Business 2010" report," Armenia has advanced
    seven positions. This, however, does not satisfy Prime Minister
    Tigran Sargsyan. "Our neighbors Azerbaijan and Georgia have registered
    greater success. Azerbaijan considerably improved its positions last
    year, Georgia is also among the leaders. We are leading only on some
    criteria," Tigran Sargsyan said.
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