Tuesday, 29 September 2009
Republic of Armenia Prime Minister Tigran Sargsyan participated in the “Doing Business – 2010” forum in the Erebuni Plaza hotel complex, co-hosted by the World Bank and the Government of Armenia and attended by representatives from the Armenian private sector and civil society.
In his address to forum participants, Tigran Sargsyan highlighted his government’s focus on having a better business environment and went on to advise that a special task force has been established by presidential decree to improve the indicators reflected in the Doing Business report. The head of the executive further said that notwithstanding the progress recorded, serious efforts should be exerted to improve both the legal framework and the administrative proceedings in this area.
Tigran Sargsyan said Armenia’s improved economic standing has to be built on through closer cooperation between the State, the private sector and non-governmental organizations.
Business environment-related challenges have been discussed based on the survey provided in the Doing Business – 2010 report. The survey is entitled “Reforming amid hardships,” which is the seventh in a series of the IFC- and World Bank-published annual reports.
The report states that Armenia has bettered its standing in the list of 183 global economies.
