Tweet
WORLD BANK EMBARKS ON ELABORATION OF NEW STRATEGY OF SUPPORT FOR ARMENIA
ARKA
Feb 19, 2010
YEREVAN, February 19. /ARKA/. The World Bank is embarking on
elaboration of a new strategy of support for Armenia, WB Regional
Director on South Caucasus Asad Alam said Thursday at his meeting
with Armenian Parliament Speaker Hovik Abrahamyan.
The press office of Armenian National Assembly quoted Alam as saying
that the World Bank is interested in cooperation with Armenian
parliament and the speaker.
The WB regional director also voiced satisfaction at the fact that
Armenia is reckoned among the best performers of WB programs in last
10-15 years.
He thanked the speaker for cooperation with the World Bank and stressed
the necessity to deepen this cooperation.
Abrahamyan said he was pleased that the cooperation between the World
Bank and the National Assembly had intensified expressed gratitude
for support provided by the WB to the National Assembly.
The speaker also expressed appreciation of WB programs in Armenia
and stressed their effectiveness.
He said the World Bank has contributed a great deal to Armenia's
efforts to come out of the financial crisis, recover the economy,
combat corruption and develop education and public health sectors.
Abrahamyan also pointed out the WB's contribution to recovery of
roads and irrigation infrastructure.
Armenia's future steps were discussed at the meeting as well.
Under its 2009/2010 strategic partnership program, the World Bank
earmarked $550 million for Armenia.
Some 100 million dollars of this amount will be sent to the budget
and the remaining $450 million will be targeted for investment
programs.
ARKA
Feb 19, 2010
YEREVAN, February 19. /ARKA/. The World Bank is embarking on
elaboration of a new strategy of support for Armenia, WB Regional
Director on South Caucasus Asad Alam said Thursday at his meeting
with Armenian Parliament Speaker Hovik Abrahamyan.
The press office of Armenian National Assembly quoted Alam as saying
that the World Bank is interested in cooperation with Armenian
parliament and the speaker.
The WB regional director also voiced satisfaction at the fact that
Armenia is reckoned among the best performers of WB programs in last
10-15 years.
He thanked the speaker for cooperation with the World Bank and stressed
the necessity to deepen this cooperation.
Abrahamyan said he was pleased that the cooperation between the World
Bank and the National Assembly had intensified expressed gratitude
for support provided by the WB to the National Assembly.
The speaker also expressed appreciation of WB programs in Armenia
and stressed their effectiveness.
He said the World Bank has contributed a great deal to Armenia's
efforts to come out of the financial crisis, recover the economy,
combat corruption and develop education and public health sectors.
Abrahamyan also pointed out the WB's contribution to recovery of
roads and irrigation infrastructure.
Armenia's future steps were discussed at the meeting as well.
Under its 2009/2010 strategic partnership program, the World Bank
earmarked $550 million for Armenia.
Some 100 million dollars of this amount will be sent to the budget
and the remaining $450 million will be targeted for investment
programs.