EN
18 April 2009 - 07:16 AMT

WB can allocate extra $20 million to Armenia

RA Prime Minister Tigran Sargsyan met with World Bank Country manager for Armenia, Mr. Aristomene Varoudakis.

The Armenian PM said the World-Bank financed project of Access to Finance for Small and Medium Enterprises is already in action.

For his part, Mr. Varoudakis said that the World Bank can allocate extra $20 million to Armenia. “The draft strategy has been already submitted to the Board of Directors and will be discussed in early June,” he said.

“Rapid implementation of the project is a guarantee of government’s anti-crisis program success,” he added.