ArmInfo. Members of the Armenian Government headed by Prime Minister Karen Karapetyan discussed the implementation of the programs for 2017 in the framework of Doing Business.
It was reported that of the envisaged 49 programs, 22 were implemented. The remaining 27 will be implemented in accordance with the schedule before the end of November. The participants of the meeting predicted that following the results of the implemented measures Armenia will improve its positions in the annual report of the World Bank.
The Premier, for effective implementation of the events instructed the competent structures to actively cooperate with the World Bank and representatives of business circles in the construction, banking, investment spheres, as well as in the sphere of small and medium-sized businesses in order to improve the business climate in the country.
Within the framework of the measures, the Government of Armenia, in the context of the next 5 years, claims to be in the top 20 out of 190 countries in the World Bank rating Doing Business. When implementing complex measures to improve the business environment of Armenia, it is expected that, with all other equal conditions, through the envisaged activities aimed at alleviating the administrative burden on business, reducing corruption risks, increasing the transparency of services provided to the private sector by moving them to the online site, and improvement of the legislative base, in the Doing Business index the republic will rise from the 38th place and take the position among the first 20 countries of the rating.
