RA Prime Minister’s Meetings With IMF And Wold Bank Leaders

RA PRIME MINISTER’S MEETINGS WITH IMF AND WOLD BANK LEADERS

armradio.am
22.10.2007 13:35

October 21 in Washington RA Prime Minister Serge Sargsyan met with
Dominique Strauss-Kahn, the newly appointed Managing Director of the
International Monetary Fund (IMF). Congratulating Mr. Strauss-Kahn
on appointment, PM Serge Sargsyan wished him success in solving the
issues the Fund faces.

At the request of Dominique Strauss-Kahn, Serge Sargsyan presented
the contemporary traits of economic development in Armenia, as well
as the perspectives of Armenia’s cooperation with IMF. In particular,
the Prime Minister underlined that ever since 1992 due to the joint
programs with the IMF, Armenia has managed to achieve macroeconomic
stability, restore the economy destabilized as a result of USSR
collapse, attaining high indices of economic growth.

Later that day Serge Sargsyan hosted the American Co-Chair of the OSCE
Minsk Group Matthew Bryza at the Armenian Embassy in the US. Issues
of bilateral importance were discussed during the meeting.

October 21 RA Prime Minister had meetings with the leadership of the
World Bank. During the meeting with WB Vice-President Shigeo Katsu
the Prime Minister expressed appreciation for the current level of
cooperation with the Bank and presented the priorities of the Armenian
Government that can become the most important directions of future
partnership with the World Bank. Mr. Katsu noted that the International
Development Association has recognized Armenia as a country that has
achieved highest results as regards the economic indices and the pace
of economic development. Very often the World Bank presents Armenia
as a "successful example" of effective implementation of reforms.

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