ARMENIAN GOVERNMENT DISCUSSES ISSUE OF FINANCING ROAD CONSTRUCTION PROGRAM IN RURAL AREAS WITH WB AND ADB

ARMENPRESS
June 16, 2009

YEREVAN, JUNE 16, ARMENPRESS: After the suspension of the financing
of the rural road construction program in Armenia by the Millennium
Challenges Corporation, Armenian government discusses the issue of
its continuation with the World Bank and Asian Development Bank.

Armenian Prime Minister Tigran Sargsyan said today at the briefing
that part of the sum which will be received from the mentioned banks
will be directed to the road construction in rural areas.

"Certain credit means which will be received from the World Bank
and Asian Development will be directed to the implementation of this
program," Tigran Sargsyan said.