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financial crisis situation some risky programs were withdrawn.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.