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Armenia PM Meets World Bank Representatives

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  • Armenia PM Meets World Bank Representatives

    ARMENIA PM MEETS WORLD BANK REPRESENTATIVES

    armradio.am
    27.01.2009 15:32

    The Prime Minister of Armenia, Tigran Sargsyan, today received
    the Regional Vice-President of the World Bank Shigeo Katsu and his
    delegation.

    Discussed were issues related to the cooperation with the World Bank,
    the possible assistance of the Bank to Armenia for overcoming the
    consequences of the global economic and financial crisis, as well as
    Armenia's cooperation with renowned financial and other organizations
    and ongoing talks.

    The Prime Minister expressed hope that Armenia's successful cooperation
    with the World Bank, last-year meetings with the leadership of the
    Bank in Washington and the agreements reached will live up to the
    expectations of our people with regard to further cooperation. The
    parties noted that with its high indices Armenia has always been
    presented as an exemplary country of reforms. Our country managed to
    overcome the first stage of the global crisis without shakes unlike
    many other countries.

    Characterizing Armenia's anti-crisis strategy as clear and
    understandable enough, the Prime Minister once again stressed
    that the main emphases will be laid on increasing the expenses
    on infrastructures, particularly irrigation system, energy, road
    construction. The interlocutors noted that the current situation
    envisages speedy processes, which will be of predictive character,
    providing an opportunity to avoid possible shakes in=2 0economy in
    the future.

    PM Tigran Sargsyan informed the World Bank representatives that Armenia
    is successfully negotiating with other financial organizations -
    the Asian Development Bank, the European Bank for Reconstruction and
    Development, the Black Sea Bank for Trade and Development,
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