HERMAN WIFELLS: "INTERNATIONAL CRISIS LESS DANGERIOUS FOR ARMENIA"

Panorama.am
18:21 13/10/2008

On October 11, the Prime Minister of Armenia Tigran Sargsuan has
had a meeting with World Bank Netherlands branch executive director
Herman Wifells, said Diana Mnacakanyan, the press secretary of the
Prime Minister.

The key topic of the meeting was the financial-economic crisis,
its developments in Russia and the possible reflection on
Armenia. The sides have also discussed the rate of the damage cost
by Georgian-Ossetian conflict on the economy of Armenia.

According to Herman Wifells, though the international crisis is
deepening, Armenia will have less impact of it. He said that according
to the previsions of the World Bank and World Monetary Fund in 2009
the highest economic growth rate will be fixed in Armenia.

From: Emil Lazarian | Ararat NewsPress