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WB To Start $2mln Worth Technical Assistance Program Together With A

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  • WB To Start $2mln Worth Technical Assistance Program Together With A

    WB TO START $2MLN WORTH TECHNICAL ASSISTANCE PROGRAM TOGETHER WITH ARMENIAN DEVELOPMENT AGENCY

    ARKA
    Dec 9, 2008

    YEREVAN, December 9. /ARKA/. The World Bank (WB) intends to start
    implementation of a technical assistance program for $2mln together
    with the Armenian Development Agency (ADA).

    Armenian government press service reports that before the start,
    the Bank requested the Foreign Investment Advisory Service (FIAS)
    to carry out a study of ADA's activities and assess the agency's
    efficiency in institutional terms and the measures to raise it.

    The final report on the study results was presented Monday, at the
    meeting of Armenian Premier Tigran Sargsyan with Director of the WB
    Yerevan Office Aristomene Varoudakis, Head of FIAS Karin Millet and
    the experts of the WB and the FIAS.

    The Premier said that the assessments, conclusions and the
    recommendations made by the FIAS, confirmed his approaches to the
    reforms in the Agency once more.

    Sargsyan expressed his gratitude for the useful work and stressed
    the importance of the assessment and consultations in improving the
    efficiency of the Agency.
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