Level of bribery down in Armenia in past year, new report showsSeptember 29, 2017 - 16:52 AMT PanARMENIAN.Net - The level of bribery has reduced in Armenia in the past year, data provided by the World Economic Forum in its latest Global Competitiveness Index reveal. The authors of the report have calculated that firms made undocumented extra payments or bribes connected with imports and exports; public utilities; annual tax payments; awarding of public contracts and licenses; obtaining favorable judicial decisions. Armenia takes the 61st spot among 137 economies reported, Azerbaijan is the 63rd, while Georgia is ahead on the 30th position. Finland, New Zealand and Singapore are the world's least corrupt countries, while Chad, Guinea and Mauritania are on the bottom end. Also, Armenia has climbed six notches in the World Economic Forum’s Global Competitiveness Report 2017-2018 to rank 73rd among 137 economies included in the report. Related links: Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | About 32,000 rally in Yerevan to deman Pashinyan’s resignation About 31,700 people attended an opposition rally on Thursday, May 9 in Yerevan demanding the resignation of Prime Minister Nikol Pashinyan. Armenian, Azerbaijani Foreign Minister to meet in Almaty Armenian Foreign Minister Ararat Mirzoyan and his Azerbaijani counterpart Jeyhun Bayramov will meet in Almaty. Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. |