The Prime Minister of Armenia, Tigran Sargsyan, today received the Regional Vice-President of the World Bank Shigeo Katsu and his delegation, reported Public Radio.
Discussed were issues related to the cooperation with the World Bank, the possible assistance of the Bank to Armenia for overcoming the consequences of the global economic and financial crisis, as well as Armenia's cooperation with renowned financial and other organizations and ongoing talks.
The Prime Minister expressed hope that Armenia's successful cooperation with the World Bank, last-year meetings with the leadership of the Bank in Washington and the agreements reached will live up to the expectations of our people with regard to further cooperation. The parties noted that with its high indices Armenia has always been presented as an exemplary country of reforms. Our country managed to overcome the first stage of the global crisis without shakes unlike many other countries.
Characterizing Armenia's anti-crisis strategy as clear and understandable enough, the Prime Minister once again stressed that the main emphases will be laid on increasing the expenses on infrastructures, particularly irrigation system, energy, road construction. The interlocutors noted that the current situation envisages speedy processes, which will be of predictive character, providing an opportunity to avoid possible shakes in economy in the future.
PM Tigran Sargsyan informed the World Bank representatives that Armenia is successfully negotiating with other financial organizations - the Asian Development Bank, the European Bank for Reconstruction and Development, the Black Sea Bank for Trade and Development,
