IN 2009-2010 WB PLANS TO IMPLEMENT A NUMBER OF PROGRAMS ON SMALL AND MEDIUM-SIZED BUSINESS SUPPORT IN ARMENIA

/PanARMENIAN.Net/
29.05.2009 20:14 GMT+04:00

/PanARMENIAN.Net/ Today Yerevan hosted the 3rd annual conference
entitled "Development of rural communities in RA", organized with
the assistance of American University of Armenia. The project aimed
at presenting programs, issues and possibilities of agriculture
development in Armenia in 2008-2009.

The experts presented educational and healthcare projects aimed at
the development of communities.

Head rapporteur, WB Armenia Director Aristomene Varudakis said
at the conference, "Despite the crisis, RA government continues
implementation of social programs. World Bank in collaboration with
Government, plans a number of new programs on small and medium-sized
business development, construction of rural roads and irrigation
systems. Our program aims to support farmers, rural businessmen and
communities. Credit program is being implemented. 100 credits were
provided to 140 communities within program framework. USD 60 million
were allocated for 250 km of rural roads repair, so that farm products
could be transported to markets," WB Armenia director noted.

From: Emil Lazarian | Ararat NewsPress