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ADB To Discuss Proposals Of Armenian Prime Minister In Coming Week

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  • ADB To Discuss Proposals Of Armenian Prime Minister In Coming Week

    ADB TO DISCUSS PROPOSALS OF ARMENIAN PRIME MINISTER IN COMING WEEK

    Noyan Tapan
    http://www.nt.am?shownews=1009856
    Nov 19, 2008

    YEREVAN, NOVEMBER 19, NOYAN TAPAN. During the November 18 meeting with
    the Armenian Prime Minister Tigran Sargsyan, the President of the
    Asian Development bank (ADB) Haruhiko Kuroda spoke favorably of the
    current state of the Armenian economy, taking into consideration the
    high economic growth, moderate inflation and the sound macrpoeconomic
    policy. According to the president of ADB, Armenian economy needs
    high-quality infrastructures today, and ADB and the Armenian government
    are already cooperating in this direction. H. Kuroda said that this is
    his first visit to Armenia, and it has two major goals: to discuss the
    directions of further cooperation and to attend the opening ceremony
    of the ADB Office in Yerevan.

    T. Sargsyan expressed gratitude to the bank for its assistance to
    reconstruction of rural roads, the projects on water supply and
    sewerage sector, and preparation of a strategy of developing the
    transport sector in Armenia. He presented the possible directions of
    future cooperation and the existing potential. The prime minister in
    particular underlined the assistance for reduction of the consequences
    of the global financial crisis and for introduction of electronic
    governance in Armenia, and the crediting of SME sector through
    provision of credits to Armenian banks. T. Sargsyan anticipated the
    ADB's participation in formation of technoparks and free economic
    zones in Armenia, and development of transit transport infrastructures.

    According to the RA Government Information and PR Department, H. Kuroda
    added the IT sector to those indicated by T. Sargsyan, noting that in
    his opinion, Armenia has serious potential in IT sector. The president
    of ADB promised to discuss the presented proposals in the coming week
    and respond to them.
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