LOANS & CREDITS
Armenia – Tax Administration Modernization Project
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.