Philippe Le Houerou: WB’s portfolio in Armenia is best in region

September 13, 2010 - 13:20 AMT

PanARMENIAN.Net - Armenian President Serzh Sargsyan met with WB Vice President for Europe and Central Asia Region Philippe Le Houerou in Dilijan resort (Tavush region, Armenia), which hosted Post-Crisis Armenia: Challenges and Perspectives international forum on September 11-12.

Wide range of issues concerning further cooperation between the WB and Armenia was in the focus of the meeting, the RA President’s press service reported. The Armenian President hailed cooperation between Armenia and the WB. “On one hand, the WB implements programs in Armenia. On the other hand, it brings advanced experience to Armenia, what is of keen importance for us,” said Mr. Sargsyan. He estimated highly the work done during the forum, as certain ways were offered for problems resolution.

For his part, the WB Vice President noted that despite his busy schedule, he decided to participate in the forum. He said that during his previous tenure, he often used examples of the WB’s successful cooperation with Armenia, as a sound reason during negotiations with donors around funds allocated for the WB programs. “I have held the current position for a year. I studied portfolios of our programs in the region and can state that Armenia has the best portfolio of programs in the region,” he said.

The two men expressed confidence that the accumulated experience of effective cooperation between the WB and Armenia will allow implementing larger programs in future.