CARSTENS: IMF INTERESTED IN COOPERATION WITH ARMENIA

PanARMENIAN.Net - Deputy Chairman of the Parliament of Armenia Tigran Torosyan met with

International Monetary Fund (IMF) Deputy Managing Director Agustin Carstens, reported the Press Service of National Assembly of Armenia. In the course of the meeting the Armenian Vice-Speaker noted the importance of the IMF-Armenia cooperation. In his words, on that road the efficient IMF-Armenia cooperation may have a good result. T. Torosyan informed that in the post-soviet space Armenia has registered high indices in market economic development that are close to those of a number of countries claiming accession to the EU. T. Torosyan presented the process of democratic development in the country and within that context the constitutional reforms that are close to their completion. In his turn A. Carstens confirmed IMF interest toward Armenia, explaining it also by the positive shift in the economy. He also said that in their opinion as compared to other countries of the region, Armenia's more rapid development is explained with systematic cooperation between all branches of power and flexible economic policy of the Armenian Government. Carstens also informed that certain technical cooperation programs are already worked out. In his words, these will be implemented in the tax and customs systems of Armenia, while in the near future the IMF intends to launch a large-scale program in the South Caucasian countries. Chairman of the Standing Commission on Budgetary and Economic Affairs Gagik Minasyan noted the importance of the fact that the IMF will further see the Armenian Parliament among its partners and expressed readiness to promote this.