ARMENIAN PREMIER SAYS AGREEMENT REACHED WITH WORLD BANK ON FINANCIAL AID

Public Television of Armenia
October 16, 2008 Thursday

[Presenter] Prime Minister Tigran Sargsyan today summed up the
results of his working visit to the United States. Sargsyan attached
importance to his meetings with [US] Vice-President Dick Cheney,
Secretary of State Condoleezza Enhanced Coverage LinkingSecretary
of State Condoleezza -Search using: Biographies Plus News News,
Most Recent 60 Days Rice as well as his meetings at the World Bank
and the International Monetary Fund.

[Passage omitted: presenter says that Sargsyan discussed Armenian-US
cooperation, Armenian-Turkish relations, the Karabakh conflict and
the Millennium Challenge Account projects]

At the World Bank, Sargsyan put forward Armenia’s efforts to improve
the country’s financial stability.

[Prime Minister Tigran Sargsyan] One of the most important agreements
was that while paying great attention to small and medium-sized
businesses, we will also receive financial possibilities from the
World Bank to significantly increase the loan capacities that would
be directed to small and medium-sized businesses. This is of great
importance in terms of stable economic growth, in terms of new jobs,
as well as in terms of raising our country’s financial security.

From: Emil Lazarian | Ararat NewsPress