Yerevan/Mediamax/.  According to Doing Business report published by International Finance Corporation and World Bank today, Armenia has implemented 5 reforms in regulatory and institutional field, most of all the countries in the regions, over the period of June 2010- May 2011,  Mediamax was told in the Armenian Ministry of Economy today.

“Armenia has improved its index by 6 points and currently ranks the 55th. Armenia has substantially improved its positions in the 5 following spheres: company building, getting permissions for construction, credit granting, tax payments and abolition of enterprises. Armenia is the second after Kazakhstan among the CIS countries\'\', noted the Ministry of Economy.