ARKA News Agency, Armenia
Jan 24 2007
WB PROGRAMS CONTRIBUTE LARGELY TO ARMENIA’S ECONOMIC DEVELOPMENT
YEREVAN, January 24. /ARKA/. The effective and targeted World Bank
(WB) programs were effective and goal-oriented: they contributed
largely to Armenia’s economic development, Armenia’s Minister of
Finance and Economy Vardan Khachatryan said at his meeting with the
WB Regional Director Donna Dausette-Coyrolo and the Acting Director
of the WB Yerevan Office Naira Melkumyan.
Khachatryan pointed out the intention of Armenia’s government to pay
more attention to the development of the country’s rural communities
and small towns in the next few years, a task which can be largely
supported by the WB.
Dausette-Coyrolo gave positive appraisal of the Armenia’s
achievements in comparison with other countries.
Speaking about the strategy of the future WB projects in Armenia,
Dausette-Coyrolo attached importance to providing technical and other
assistance, along with the financial support.
The sides expressed hope for further effective cooperation and
implementation of programs to promote the country’s development.
Armenia has cooperated with the WB since 1992. For the period, the WB
allocated $952.25mln to Armenia for implementation of 44 programs.
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