Chief of the International Monetary Fundin Armenia, Guillermo Tolosa, on December 11 had a press conference and announced that it is very difficult to make investments and do businesses in Armenia.
“I think there are many problems which make it difficult to be involved in business in Armenia. The main difficulty is geopolitical problem. There are also many other difficulties, for example the dialogue with authorities and the money they want for businesses” said Tolosa, noting that there is a risk of corruption while cooperating with Armenian high officials.