World Bank allocates 20m dollars to improve water supplies in Armenia
Mediamax news agency
25 Feb 05
YEREVAN
The board of directors of the World Bank (WB) has approved the
allocation of a credit of 20m dollars to Armenia for the
implementation of the programme on water supplies and sewerage in
Yerevan.
The director of the WB office in Yerevan, Roger Robinson, said in
Yerevan today that this is the second programme that has been financed
by the World Bank in the sphere of water industry, Mediamax news
agency reports. The implementation of the first project started in
1998 and cost 30m dollars. The new credit is being allocated within
the framework of the strategy of aid to Armenia (Country Assistance
Strategy) in 2005-2008.
Robinson expressed his satisfaction with the implementation of the
programme on water supplies and sewerage in Yerevan. He said that
considerable progress was registered in this sphere in the recent four
or five years. Ninety per cent of the Yerevan population will have
round-the-clock water supplies and the quality of drinking water will
improve after the implementation of the programme in four or five
years.
[Passage omitted: A World Bank delegation will come to Armenia next
week to discuss improvements in the heating system]
At the moment, a delegation of the World Bank is visiting Yerevan to
study a programme on the development of agriculture, which will also
be considered in July.