January 19, 2012 - 14:38 AMT
IFC to boost Armenia’s competitiveness

On January 19, Armenian government approved signing of an agreement with the International Finance Corporation (IFC) at $1,9 mln.

In this context, Armenian Minister of Economy Tigran Davtyan noted that cooperation with IFC envisages assistance to the projects enhancing business environment of the republic, particularly boosting Armenia’s competitiveness in the global market and improving positions in WB Doing Business report.

Prime Minister Tigran Sargsyan, in turn, stressed the importance of the document due to which Armenia has improved its position by 6 points.