ArmenPress
Nov 19 2004

WORLD BANK PRAISES 2005 DRAFT BUDGET

YEREVAN, NOVEMBER 19, ARMENPRESS: World Bank Resident
Representative in Armenia praised today the government for increased
spending on health, education and social sector, earmarked in its
2005 draft budget. The Bank Representative, Rodger Robinson, said it
was evidence of the government’s commitment to implement the Poverty
Reduction Program.
Robinson described bigger spending on education than on defense,
set by the budget as “symbolic,” adding though that defense
expenditures are also a government priority. In general, he said, the
2005 draft budget is balanced.

From: Emil Lazarian | Ararat NewsPress