WORLD BANK TO PROVIDE ARMENIA AROUND 200 MILLION DOLLARS
APA
June 22 2012
Azerbaijan
Baku – APA-ECONOMICS. World Bank in coming fiscal year since July
1st of this year till the end of June of next year will provide
Armenia around 200 million US dollars, World Bank’s newly appointed
regional director for South Caucasus Henry Kerali said during the
press conference on June 21, APA reports citing Armenpress.
In his words that money will be directed to educational, healthcare,
road-building spheres, tax reforms as well as small and medium
enterprises. During the last twenty years World Bank has provided help
to Armenia equivalent to 1.6 billion US dollars. Earlier Armenpress
had informed that current regional director for South Caucasus Asad
Alam expressed opinion that 7 percent economic growth is available.
“The programs implemented by Armenia Government can serve as a basis
for higher economic growth. 7 percent growth of economy is available
but it will depend both on programs implemented by Armenian Government
and global economic situation” said Alam.
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