EBRD Arranged Large Package of Programs to be Implemented in Armenia

Pan Armenian News

EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT ARRANGED LARGE PACKAGE OF
PROGRAMS TO BE IMPLEMENTED IN ARMENIA

14.04.2005 07:54

/PanARMENIAN.Net/ Today President of Armenia Robert Kocharian met with head
of the Yerevan Office of the European Bank for Reconstruction and
Development (EBRD) Michael Weinstein, the Press Service of the Armenian
leader reported. In the course of the meeting the parties discussed
prospects of the Bank activities. In Michael Weinstein’s words, at the
moment the Bank is interested in Armenia as never before and has already
arranged a large package of programs to be realized in the republic. The
programs provide for crediting enterprises, as well as participation in
agricultural and infrastructure projects. In his turn Mr. Kocharian noted
that the Armenian party is interested in intensification of the activities
of the Bank – also due to the fact that the Bank programs are in tune with
the economic policy of Armenia.