WB to Allocate Credit for Implementation of Social Program

WB TO ALLOCATE CREDIT FOR IMPLEMENTATION OF SOCIAL PROGRAM

YEREVAN, JULY 26. ARMINFO. Today Minister for Trade and Social Affairs
of Armenia Aghvan Vardanyan and Head of program of social reforms in
Armenia financed by the WB, A. Posaraki, discussed an investment
agreement “Managerial program in the sphere of social welfare” to be
signed on July 30.

The press-service of the ministry told ARMINFO that the agreement will
be signed between the Armenian Government and the World Bank. The
sides discussed nuances connected with distribution of financial
allowances to unsecured families in 2004-2005. Vardanyan proposed
Posaraki to find a way to solve the problem with distribution of
poverty allowances to lonely pensioners. The sides also discussed
issues related to establishment of communities centers for care for
children from socially unsecured families in the Achapnyak community
of Yerevan and in the town of Gyumri.