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SENIOR EBRD DELEGATION VISITS ARMENIA TO DISCUSS NEW COUNTRY STRATEGY
/ARKA/
November 3, 2011
YEREVAN
YEREVAN, November 3. /ARKA/. A high-level delegation from the European
Bank for Reconstruction and Development (EBRD) is in Armenia this
week for consultations with the country's leadership and key members
of civil society on the Bank's new three-year Country Strategy for
Armenia, EBRD Yerevan Office told ARKA.
It said the delegation led by Jan Fischer, Vice-President, Operational
Policies and Paul-Henri Forestier, Director, Caucasus, Moldova and
Belarus, the EBRD team will meet President Serzh Sargsyan; Prime
Minister Tigran Sargsyan; the Minister of Economy and EBRD Governor
Tigran Davtyan; and other Cabinet members.
The delegation will also hold discussions with representatives of
various political parties, leading figures from the business world,
staff of non-governmental organizations and think-tanks, as well
as members of the diplomatic community and representatives of other
international financial institutions.
The new country strategy for Armenia is expected to be approved in
early 2012 for a three-year period (2012-15).
The EBRD delegation will take stock of the current state of the
economic, political and social development of Armenia, discuss the
country's mid-term reform priorities and assess how the EBRD can
assist Armenia in its transition to a market-based economy.Among
the areas for discussion will be support for small and medium-sized
businesses in Armenia in the upcoming strategy period, especially
in the agricultural and high value-added sectors. The development of
the financial sector will remain a priority for the EBRD, as well as
reforms in the municipal sector and addressing energy efficiency.
The EBRD began operations in Armenia in 1992. To date it has invested
over ~@450 million in more than 100 projects.
/ARKA/
November 3, 2011
YEREVAN
YEREVAN, November 3. /ARKA/. A high-level delegation from the European
Bank for Reconstruction and Development (EBRD) is in Armenia this
week for consultations with the country's leadership and key members
of civil society on the Bank's new three-year Country Strategy for
Armenia, EBRD Yerevan Office told ARKA.
It said the delegation led by Jan Fischer, Vice-President, Operational
Policies and Paul-Henri Forestier, Director, Caucasus, Moldova and
Belarus, the EBRD team will meet President Serzh Sargsyan; Prime
Minister Tigran Sargsyan; the Minister of Economy and EBRD Governor
Tigran Davtyan; and other Cabinet members.
The delegation will also hold discussions with representatives of
various political parties, leading figures from the business world,
staff of non-governmental organizations and think-tanks, as well
as members of the diplomatic community and representatives of other
international financial institutions.
The new country strategy for Armenia is expected to be approved in
early 2012 for a three-year period (2012-15).
The EBRD delegation will take stock of the current state of the
economic, political and social development of Armenia, discuss the
country's mid-term reform priorities and assess how the EBRD can
assist Armenia in its transition to a market-based economy.Among
the areas for discussion will be support for small and medium-sized
businesses in Armenia in the upcoming strategy period, especially
in the agricultural and high value-added sectors. The development of
the financial sector will remain a priority for the EBRD, as well as
reforms in the municipal sector and addressing energy efficiency.
The EBRD began operations in Armenia in 1992. To date it has invested
over ~@450 million in more than 100 projects.