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Armenian Premier Discusses Further Cooperation With WB Regional Dire

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  • Armenian Premier Discusses Further Cooperation With WB Regional Dire

    ARMENIAN PREMIER DISCUSSES FURTHER COOPERATION WITH WB REGIONAL DIRECTOR

    ARKA
    Oct 7, 2008

    YEREVAN, October 7. /ARKA/. Armenian Premier Tigran Sargsyan discussed
    further cooperation issues with the World Bank Regional Director
    Donna Dausette-Coyrolo.

    Among the fields where the WB's support is needed Armenian Premier
    mentioned management system reforms. Serious problems exist in the
    system and technical goals should be clearly defined to also ensure
    reducing corruption risks, the Premier said.

    Among other government priorities are educational reforms, balanced
    development of the country's regions, improvement in business
    environment and tax and customs administering, as well as pension
    reforms.

    The government has already reached an agreement on general approach
    and the concept of the pension reform, Sargsyan said.

    The Premier also informed the Regional Director about the programs
    approved by the National Competitiveness Council, particularly the
    project on turning Armenia into a regional healthcare, financial and
    tourisms center, as well as about three major programs announced
    by the country's president - construction of a new nuclear power
    plant, Iran-Armenia railroad and creation of All-Armenian bank and
    Investment Fund.

    The sides discussed issues related to the world financial crisis
    and its possible impact on Armenian economy and expressed hope that
    joint efforts of Armenian Government and the World Bank will help find
    solutions to20the problems and support economic development programs
    in Armenia.
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