Armenia Efficient Partner

ARMENIA EFFICIENT PARTNER

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[07:17 pm] 14 December, 2007

President Robert Kocharian received the World Bank Vice-President
for Europe and Central Asia Shigeo Katsu.

The President noted that Armenia’s collaboration with the bank is on
a favorable level and the country is keen on enhancing it.

Shigeo Katsu noted that for many years Armenia has been one of the most
efficient countries among WB partners. The second and third-generation
reforms will be at the core of the future programmes of cooperation
between Armenia and the World Bank.

Robert Kocharian said that parallel to the second-generation reforms
Armenia will pay great attention to social and educational directions,
reduction of the inequality of development of the capital and marzes.

The parties also exchanged views on Armenia’s opportunities to maintain
competitiveness in the future, noting that the consistent and effective
implementation of reforms plays a great role in this connection.