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ARMENIA REFUSES TECHNICAL ASSISTANCE OF THE WORLD BANK
news.am
May 12 2011
Armenia
YEREVAN. - Armenia must reject the World Bank technical assistance
through its credit loans, said Armenian PM Tigran Sargsyan on Thursday.
"The legislative and regulatory projects that we order to the
foreign experts at the expense of credit funds do not find subsequent
application. We do not get sufficient results from the consultation,
reporting and professional advice either," stressed Sargsyan.
He instructed the government to suspend the technical component of
the loan programs under and make the best out of active involvement
of Armenian experts.
"We should request the technical assistance [from World Bank] only
through grant programs. Only in outstanding cases we should apply
for a credit load," concluded Sargsyan.
news.am
May 12 2011
Armenia
YEREVAN. - Armenia must reject the World Bank technical assistance
through its credit loans, said Armenian PM Tigran Sargsyan on Thursday.
"The legislative and regulatory projects that we order to the
foreign experts at the expense of credit funds do not find subsequent
application. We do not get sufficient results from the consultation,
reporting and professional advice either," stressed Sargsyan.
He instructed the government to suspend the technical component of
the loan programs under and make the best out of active involvement
of Armenian experts.
"We should request the technical assistance [from World Bank] only
through grant programs. Only in outstanding cases we should apply
for a credit load," concluded Sargsyan.