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LOANS & CREDITS

Armenia – Tax Administration Modernization Project

Media Contacts
In Washington

Elena  Karaban
tel : (202) 473-9277

Washington DC, July 3, 2012—The World Bank's Board of Executive Directors today approved the following project.

IDA Credit: $12 million

Terms: Maturity = 25 years: Grace = 5 years

Project ID: P111942

Project Description: The project will support the State Revenue Committee in modernizing its business processes, expanding the use of e-governance including electronic filing of tax returns and introduce a more targeted, risk-based compliance strategy, based on voluntary compliance.