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Armenia to continue WB-financed programs implementation

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  • Armenia to continue WB-financed programs implementation

    PanARMENIAN.Net

    Armenia to continue WB-financed programs implementation
    06.03.2009 21:01 GMT+04:00

    /PanARMENIAN.Net/ Today RA Prime Minister Tigran Sargsyan met with WB
    Regional Director for South Caucasus Asad Aliev. The meeting was
    attended by the WB Armenian Representation Head Aristomene Varudakis,
    RA Government press office reported. The parties' discussion focused
    on programs to be financed by WB during next 4 years. According to
    Prime Minister, Armenia will continue the implementation of the
    scheduled programs, including social projects and reforms in
    organization governance, agriculture and irrigation systems, though in
    financial crisis situation some risky programs were withdrawn.
    Asad Alam emphasized the importance of purposeful usage of $525
    million credit provided by WB, adding that in 2 years an additional WB
    financing might be considered based on programs' implementation
    progress.
    Asad Alam congratulated the Prime Minister on the victory of Armenia's
    Poverty Elimination Credit Program in WB Contest on Life Improvement
    in Europe and Central Asia.
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