Armenian Prime Minister Tigran Sargsyan said at discussions of the 2014 budget that the pace of economic growth in 2013 had been dropping, News.am reports.
He explained that the decrease in the economic rate was a result of processes in partner states, aggravation of forecasts of global macroeconomic progress given by the World Bank and the International Monetary Fund and business problems.
Armenia is in 48th place of the Doing Business list. Sargsyan believes that Armenia could have been 20th. Administration, trade conditions, taxing and deal-making put it below the 100th.
