News Column

World Bank is ready to support improvement of Armenian business environment in future

February 17, 2014

YEREVAN, FEBRUARY 17, ARMENPRESS.  World Bank to provide further assistance to business improvement in Armenia.

Armenian Prime Minister Tigran Sargsyan received a delegation of the World Bank headed by executive director Frank Heemskerk.

During the meeting, Tigran Sargsyan highly assessed bilateral cooperation with the World Bank underscoring importance of further development.

"A number of projects in different areas were implemented in Armenia with the help of WB," PM said.

The Department of Mass Media and Public Relations of the Government of the Republic of Armenia informed "Armenpress" that Tigran Sargsyan briefed the WB representative on social-economic situation in the country, noting that the Government continues institutional reforms to overcome the existing challenges.

 Frank Heemskerk said he is happy to see that Armenia is rated among the states with middle income of lower one. He also noted country's success in Doing Business report, expressing readiness to provide further assistance.

The interlocutors discussed a wide range of issues related to bilateral cooperation.

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Source: Armenpress News Agency

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