YEREVAN, OCTOBER 25, ARMENPRESS: In World Bank Doing Business 2013 Armenia is ranked among Western European countries, following Netherlands, Belgium and bypassing France. ” In the course of the recent years intensive work is being carried out aimed at improving business and investment climate, reportedly current rate of improvement shows that progress. These indexes are being improved two years incessant and this is already a qualitative change. Whether Armenia still has much room to develop in the spheres it has recovered visible progress ” Tigran Davtyan, Minister of Economy of the Republic of Armenia stated, Armenpress reports.
Armenia is the best among CIS countries in the frame of improving its positions. Kazakhstan having improved its position by 7 points is followed by Armenia, 49 th position, Moldova 83 position, Russia 112 position, Ukraine 138 position, Tajikistan and Uzbekistan reportedly 141-145 positions.
Armenia is ranked as the second in the region after Georgia. In comparison with the previous year Azerbaijan has retreated by one position. Turkey and Iran have also jointly retreated their positions. Armenian progress is due to investment, small business advocacy and serious reforms recorded in other areas.
We must not be satisfied with 32 position Tigran Sargsyan , Prime Minister of the Republic of Armenia came forth in the course of Government session. By the instruction of Armenian PM the list of the actions aimed at improving investment and business climate should be enhanced and reached the target point thus to be ranked in the 20nd position in World Bank’s International Financial Corpporation report.
According to International Financial Corporation of the World Bank Armenia has improved its position by 18 points.
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