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Zhoghovurd: Asian Development Bank Dissatisfied With Armenian Author

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  • Zhoghovurd: Asian Development Bank Dissatisfied With Armenian Author

    ZHOGHOVURD: ASIAN DEVELOPMENT BANK DISSATISFIED WITH ARMENIAN AUTHORITIES

    tert.am
    19.07.12

    Armenian President Serzh Sargsyan met Wednesday the vice president
    of the Asian Development Bank (ADB), Xiaoyu Zhao.

    The paper says according to the presidential press release the parties
    rated high the cooperation, the implemented works, while the paper's
    sources claim the Asian Development Bank is said to be dissatisfied
    with the Armenian authorities as for already a year the construction
    works of North-South road funded by the bank have not launched.

    Rumors are even circulating that the authorities have addressed the
    funds to other sector and now the bank's vice president has personally
    arrived in Armenia to find out the situation on site.

    The paper did not exclude that the bank will suspend its cooperation
    with Armenia. It reminds that President Sargsyan has strictly
    reprimanded the former transport and communication minister Manuk
    Vardanyan for the failure of the project not giving him any office
    after the elections.

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