// IP Marketing video - START// IP Marketing video - END

Armenian government discusses World Bank report

Armenian government discusses World Bank report

PanARMENIAN.Net - Armenian government, chaired by Prime Minister Tigran Sargsyan, held a discussion of World Bank report titled “Policy analysis for the government of Armenia”.

World Bank's Regional Director for the South Caucasus Henry Kerali, head of WB Yerevan Office Jean Michel-Happi, IMF Resident Representative in Armenia Guillermo Tolosa and IFC Regional Manager for South Caucasus Thomas Lubeck attended the event.

As Mr. Kerali noted, the report features the key challenges for Armenia, with economic growth and implementation of systematic reforms among the priorities.

Public welfare, development of infrastructures, human capital and social security were further discussed, government press service reported.

 Top stories
Annual deflation in the country was at 1.9% in August, compared to 1.3% deflation in July, according to central bank data.
Armenia has been listed in the top 20 among the world’s most economically free countries, raking the 18th out of 159 countries and territories.
Another of the issues the PM weighed in on was corruption. He said that new committees will be established to tackle the issue.
The foreign debt makes up around $4.5 billion, including the government’s $3.99 billion and the Central Bank’s $502.4 million debts.
Partner news