WB: it is necessary to stimulate Armenia’s economy due to growth in agricultureJanuary 25, 2011 - 18:34 AMT PanARMENIAN.Net - The World Bank participated in a discussion on increasing competitiveness of rural communities and their resources management. The event was organized by the Public Council jointly with the RA Ministry of Agriculture. Jean-Michel Happi, the World Bank Country Manager for Armenia, said that currently the WB has a range of programs, which are at a preparation stage, specifically, the program on communities and resources management, as well as programs in the field of energy, state finance management and road rehabilitation. Happi said that the global economic crisis has revealed the necessity to stimulate various directions of economic growth in the country. According to him, profitable programs should be implemented to help the public overcome poverty. “Agriculture may play an important role in the recovery of Armenia’s economy after the crisis,” concluded Happi. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Power of One Dram to benefit Road of Life, Strong Mind IDBank and Idram summarize the results of the May program of “The Power of One Dram”. Yerevan State University, Ucom sign Memorandum of Cooperation Rector of Yerevan State University Hovhannes Hovhannisyan and General Director of Ucom Ralph Yirikian signed the memorandum. EU to provide budgetary support to Armenia The agreement is aimed at increasing the competitiveness of the educational system of Armenia. Aliyev: No peace treaty unless Armenia changes constitution Azerbaijan will not sign a peace treaty with Armenia unless the latter changes its constitution, Azerbaijani President Ilham Aliyev said. |