YEREVAN, July 29. /ARKA/. Armenia ranks 96th in the updated version of the Global Tax Expenditures Transparency Index (GTETI), scoring 33.4 points out of 100:
Compared to the previous version of the ranking, the country dropped 21 positions, and its overall score decreased by 3.5 points:
- 8.0 points out of 20 for the availability of information to the public;
- 8.0 for the institutional framework;
- 7.9 for methodology and coverage;
- 5.5 for the publication of descriptive data on tax expenditures;
- 4.0 for conducting assessments of tax expenditures.
The ARKA agency has sent a request to the Ministry of Finance of Armenia and is awaiting a comment:
The GTETI index covers 218 countries and jurisdictions, but the ranking is compiled for 116 countries for which information was available for assessment:
GTETI assesses the regularity, quality, and coverage of government reporting on tax expenditures — benefits, exemptions, deductions, tax credits, and other preferences that lead to a reduction in budget revenues:
The index does not reflect the level of tax burden or the competitiveness of the tax system; it characterizes the transparency of the disclosure of information on tax expenditures:
