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WB to Allocate Credit for Implementation of Social Program

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  • WB to Allocate Credit for Implementation of Social Program

    WB TO ALLOCATE CREDIT FOR IMPLEMENTATION OF SOCIAL PROGRAM


    YEREVAN, JULY 26. ARMINFO. Today Minister for Trade and Social Affairs
    of Armenia Aghvan Vardanyan and Head of program of social reforms in
    Armenia financed by the WB, A. Posaraki, discussed an investment
    agreement "Managerial program in the sphere of social welfare" to be
    signed on July 30.

    The press-service of the ministry told ARMINFO that the agreement will
    be signed between the Armenian Government and the World Bank. The
    sides discussed nuances connected with distribution of financial
    allowances to unsecured families in 2004-2005. Vardanyan proposed
    Posaraki to find a way to solve the problem with distribution of
    poverty allowances to lonely pensioners. The sides also discussed
    issues related to establishment of communities centers for care for
    children from socially unsecured families in the Achapnyak community
    of Yerevan and in the town of Gyumri.
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