World Bank Senior Public Sector Specialist named low tax/GDP ratio among the key problems of Armenia’s tax sector.

As Munawer Sultan Khwaja told a news conference, “IMF studies for tax assemblability prove Armenia has a vast undiscovered potential in relevant sector. By concentrating efforts to discover negligent taxpayers and implementing a system to promote fulfillment of tax obligations, Armenia can realize its potential.”

In this context, the expert stressed the importance of development of human resources and information technologies.

On September 30, Yerevan hosted a presentation of a book Risk-Based Country Audits: Approaches and Country Experiences, authored and edited by Munawer Sultan Khwaja, Rajul Awasthi and Jan Loeprick.