ARMENIAN PM HIGHLY APPRECIATES COOPERATION WITH IMF AND WB
Arka News Agency, Armenia
June 19 2006
YEREVAN, June 19. /ARKA/. Armenian Premier Andranik Margaryan highly
appreciates the cooperation with international financial organizations,
including IMF and World Bank. The press service and public relations
department of the Armenian government, Margaryan stated this during
his meeting with IMF managing director Rodrigo de Rato.
"The reforms carried out with the support of these organizations in
a number of sectors resulted in serious successes and progress in
economy, restoration of economic growth, undertaking of implementation
of the Strategic program on poverty reduction, reforming of
the country’s legislative sector to the end of introducing and
strengthening of liberal economic relations, and implementation of
specific steps toward integrating into world economy.
According to him, the best result of such cooperation is Armenia’s
joining the World Trade Organization in 2003 that became a serious
incentive for intensification of foreign economic relations and
attraction of foreign investments. "As a result of the step-by-step
increase of export volumes, a considerable growth of exports compared
to previous years was recorded as early as 2005," Margaryan said.
Besides this, as a result of the cooperation with international
financial organizations, according to the WB classification, Armenia
was recognized as a country with average incomes for the incomes
indicator per capita, and in 2005, Armenia ranked 27th among 157
countries for the level of economic freedom and was recognized mainly
as a free country.
Margaryan also pointed out the importance of the IMF’s assistance
with the policy carried out by the Central Bank, which is aimed at
slowing down inflation.
He reported that today the government implements serious works jointly
with the CBA in terms of reforms in pension provisions, social sector
during which assistance by the IMF and WB is expected.
Rodrigo de Rato visited Armenia to participate in the two-week long
representative meeting of the Dutch group.
The IMD and WB Dutch group includes Armenia, Netherlands,
Bosnia-Herzegovina, Bulgaria, Spain, Croatia, Moldova, Georgia,
Romania, Ukraine, Cyprus and Macedonia.
The next meeting will be held in Moldova.
From: Emil Lazarian | Ararat NewsPress
