ARMENIAN PRIME MINISTER ANDRANIK MARGARYAN RECEIVES WORLD BANK VICE-PRESIDENT

YEREVAN, June 15. /ARKA/. Armenian Prime Minister Andranik Margaryan
received World Bank Vice-President Shigeo Katsu. The WB President
presents Armenian PM the results of negotiations with Armenian
Ministers of Regional Administration and Finance and Economy,
during which issues related to local self-government system and
rural infrastructures were discussed. He noted that real changes were
made as a result of reforms implemented for recent years in various
sectors of the country’s economy. Katsu expressed the WB’s readiness
to continue its programs in Armenia. In his opinion, time came to
embark on elaboration of short-and long-term programs, in particular,
in infrastructures area.

The WB Vice-President also stressed the importance of either WB-funded
programs or those expected from Millennium Challenge American
Corporation and other international organizations.

Margaryan, in turn, said Armenian Government obtained certain
experience of cooperation with the World Bank for recent years. In
his words, this experience should be used for future programs
implementation. The PM thinks interaction with the WB produces
positive results already visible in reforms being implemented as
part of Strategic Program on Poverty Reduction. The Armenian Premier
expressed hope that the cooperation will be successfully continued.

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