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Armeconombank Wins UN Tender On Implementation Of The World Food Pro

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  • Armeconombank Wins UN Tender On Implementation Of The World Food Pro

    ARMECONOMBANK WINS UN TENDER ON IMPLEMENTATION OF THE WORLD FOOD PROGRAMME

    ArmInfo
    09.02.2010

    Armeconombank has won the UN tender on implementation of the World
    Food Programme (UNWFP), Head of Armeconombank Department for Plastic
    Card Operations Vardan Yeghiazaryan told ArmInfo.

    According to him, within the frames of this programme, aimed at
    rendering of food assistance to those in need, Armeconombank will
    issue 1800 ArCa plastic cards at the first stage to provide funds
    to the socially unsecured people. Moreover, the unemployed and those
    temporarily attracted to different works (including the building work)
    by UNWFP will receive money reward via these cards. By Yeghiazaryan's
    forecasts, the bank will issue about 30,000 plastic cards during a
    year and a half within the frames of this programme, 8-10 thsd of
    which will be issued in 2010. "Participation in this project will
    enable us to be secured in the UN partner base, that will allow to
    deepen the cooperation with UN and establish relations with other
    international organizations", Yeghiazaryan emphasized.

    As UNWFP Armenia Office told ArmInfo, assistance to almost $80
    million was provided within the frames of this programme, having
    been implemented in the republic since 1993. Within the frames of the
    programme, assistance was provided to all the regions of Armenia, as
    well as to the capital from 1993 to 2004, and later - only to Yerevan,
    Gegharkunik, Tavush, Lori and Shirak.
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