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Imf Excited About Preconditions Of Tax Reforms In Armenia

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  • Imf Excited About Preconditions Of Tax Reforms In Armenia

    IMF EXCITED ABOUT PRECONDITIONS OF TAX REFORMS IN ARMENIA

    ARKA
    June 17

    International Monetary Fund (IMF) is excited about
    the preconditions of tax reforms set in the program of Armenian Government.

    The preconditions are in harmony with the IMF-suggested principles,
    said the Head of IMF mission in Armenia Marta Castello-Branco at her
    meeting with Armenian Premier Tigran Sargsian. Among participants
    at the meeting were Resident Representative of IMF in Armenia Nienke
    Oomes and representatives of IMF office in Yerevan.

    The sides discussed macroeconomic policy of Armenia and the structural
    reforms in the country, the Press Service of Armenian Government
    reported.

    The IMF report on tax reforms in the country was presented at the
    meeting.

    According to the representatives of the IMF mission, the program on tax
    reforms is quite complete and aims at reducing poverty, maintaining
    economic growth rates and reducing corruption. According to them,
    now it is the time to implement all the above in an interconnected
    manner taking into account the comments and recommendations mentioned
    in the report.

    The participants stressed the importance of informing the public on
    the logics of the reforms on time and in an accessible manner. Armenian
    Premier thanked the IMF representatives for the report and appreciated
    the comments that provide a basis for further Armenia-IMF cooperation.

    Among participants at the meeting were Advisor to President on economic
    issues Vahram Nersisiants, Ministers of Economy and Finance Nerses
    Yeritsian and Tigran Davtian, the Chief of the State Taxation Service
    Vahram Barseghian, the Chairman of the Central Bank of Armenia Artur
    Javadian and the Head of Standing Parliament Commission on Economic
    Issues Vardan Ayvazian.
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