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Prime Minister Meets Top IMF And WB Officials In Washington

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  • Prime Minister Meets Top IMF And WB Officials In Washington

    PRIME MINISTER MEETS TOP IMF AND WB OFFICIALS IN WASHINGTON

    ARMENPRESS
    Oct 22, 2007

    YEREVAN, OCTOBER 22, ARMENPRESS: The government press office in
    Yerevan said on October 20 evening prime minister Serzh Sarkisian
    flew back to Washington from Los Angeles for a series of meetings
    with top level officials of the International Monetary Fund (IMF)
    and World Bank (WB) the following day.

    It said on October 21 Serzh Sarkisian met with Dominique Strauss-Kahn,
    the newly appointed Managing Director of the International Monetary
    Fund. The press office said the Armenian prime minister congratulated
    Mr. Strauss-Kahn on his new appointment, wishing him success in
    solving the problems faced by the IMF.

    Serzh Sarkisian spoke then about the current trends of Armenian
    economic development and perspectives of cooperation with the IMF. He,
    particularly, noted that due to a successful cooperation with the
    IMF since 1992 Armenia has managed to achieve macroeconomic stability
    and restore its economy that collapsed together with disintegration
    of the former Soviet Union.

    Sarkisian argued that the IMF should continue its partnership with
    Armenia which is set to be accomplished formally next May. He said also
    the government has developed an ambitious plan of sweeping reforms
    and expects the IMF to provide technical assistance and consulting
    to materialize them. He said the reform embraces tax and customs
    administration and raising the economy's competition level.

    Later that day Serzh Sarkisian hosted the U.S. cochairman of the OSCE
    Minsk Group Matthew Bryza at the Armenian Embassy in Washington for
    a discussion of issues of bilateral importance.

    On October 21 Serzh Sarkisian met with the leadership of the World
    Bank. During a meeting with WB vice-president Shigeo Katsu he expressed
    appreciation of the current level of cooperation with the Bank and
    presented the priorities of the Armenian government with respect to
    economic development.

    Mr. Katsu noted that the International Development Association has
    recognized Armenia as a country that has achieved highest results as
    regards economic indices.

    Serzh Sarkisian met also with World Bank Managing Director Grim-Willer
    for a discussion of a set of issues pertaining to Armenian economy.
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