Tuesday, October 9 2018 12:06

ArmInfo. The relations of Armenia with the World Bank are consistently developing in a constructive way. Deputy Prime Minister Mher Grigoryan said this the  day before when he received the World Bank's Regional Director for  the South Caucasus, Mercy Tembon.

According to the press service of the RA Government, expressing  gratitude to the Deputy Prime Minister for the reception, Mercy  Tembon stated with satisfaction festive atmosphere that prevails in  Armenia during the 17th summit of the Francophonie countries. She  noted that all the programs implemented by the bank are aimed at  improving the welfare of Armenia, the main beneficiary of which is  the Armenian people.

The interlocutors during the meeting exchanged views on the process  of implementation of the World Bank programs, as well as new  projects. The main directions of cooperation between Armenia and the  World Bank were also discussed. The parties also touched upon a joint  document on the framework of partnership between Armenia and the  World Bank for 2019-2022, which, in the opinion of the interlocutors,  is important for the further expansion and deepening of bilateral  cooperation.  To note, since 1992, Armenia received from the World  Bank a total amount of $ 2.3 billion in the form of loans and grants.