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RA Prime Minister's Meetings With IMF And Wold Bank Leaders

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  • RA Prime Minister's Meetings With IMF And Wold Bank Leaders

    RA PRIME MINISTER'S MEETINGS WITH IMF AND WOLD BANK LEADERS

    armradio.am
    22.10.2007 13:35

    October 21 in Washington RA Prime Minister Serge Sargsyan met with
    Dominique Strauss-Kahn, the newly appointed Managing Director of the
    International Monetary Fund (IMF). Congratulating Mr. Strauss-Kahn
    on appointment, PM Serge Sargsyan wished him success in solving the
    issues the Fund faces.

    At the request of Dominique Strauss-Kahn, Serge Sargsyan presented
    the contemporary traits of economic development in Armenia, as well
    as the perspectives of Armenia's cooperation with IMF. In particular,
    the Prime Minister underlined that ever since 1992 due to the joint
    programs with the IMF, Armenia has managed to achieve macroeconomic
    stability, restore the economy destabilized as a result of USSR
    collapse, attaining high indices of economic growth.

    Later that day Serge Sargsyan hosted the American Co-Chair of the OSCE
    Minsk Group Matthew Bryza at the Armenian Embassy in the US. Issues
    of bilateral importance were discussed during the meeting.

    October 21 RA Prime Minister had meetings with the leadership of the
    World Bank. During the meeting with WB Vice-President Shigeo Katsu
    the Prime Minister expressed appreciation for the current level of
    cooperation with the Bank and presented the priorities of the Armenian
    Government that can become the most important directions of future
    partnership with the World Bank. Mr. Katsu noted that the International
    Development Association has recognized Armenia as a country that has
    achieved highest results as regards the economic indices and the pace
    of economic development. Very often the World Bank presents Armenia
    as a "successful example" of effective implementation of reforms.
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