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23 April 2001 - 16:43 AMT

ARMENIAN GOVERNMENT AND WB WILL BEGIN “INTENSIVE” TALKS ON SAC-4 CREDIT ALLOCATION

YEREVAN, April 23. /Mediamax/. The press secretary of World Bank (WB) Yerevan Office, Vigen Sarkisian said today in the interview to Mediamax that WB and the Government of Armenia will begin “intensive” talks in near future on SAC-4 credit allocation in the amount of 50 million dollars.
WB Yerevan Office representative voiced his confidence in the favorable for Armenia outcome of the talks, which, according to him, “will correspond to the strategic course of economic reforms”.
V. Sarkisian noted that the allocation of the credit is to be realized by 3 tranches. He stressed that WB wouldn’t want the present macroeconomic stability in the country be disturbed. –0–