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World Bank To Provide $200 Million Assistance To Armenia

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  • World Bank To Provide $200 Million Assistance To Armenia

    WORLD BANK TO PROVIDE $200 MILLION ASSISTANCE TO ARMENIA

    news.am
    July 7 2011
    Armenia

    YEREVAN.- The World Bank expressed readiness to allocate $200 million
    financing to Armenia for 2012-2013, said country manager of Yerevan
    WB office Jean-Michel Happi.

    The World Bank Group has presented today its Progress Report on
    the Country Partnership Strategy for Armenia for 2009-2013, he told
    journalists on Thursday.

    According to Happi, due to WB assistance the duration of drinking water
    supply increased from 17.4 hours a day in 2008 to 21.5 hours a day in
    2011, while the bacteriological safety increased from the baseline 93%
    to 98%. WB also made investments in the fields of road construction,
    irrigation system and healthcare infrastructure.




    From: A. Papazian
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