By Eva Sahakyan YEREVAN, August 18 — World Bank will increase funding in the Republic of Armenia by $55 million, the Armenian Prime Minister Tigran Sarkisian said on Thursday. “First of all this is conditioned by the quality of our credit portfolio and by high level of governance,” Sarkisian said. He also mentioned that he [...]

By Lara Syuni YEREVAN, December 21 — World Bank is to give the Republic of Armenia a loan to improve the level of medical services provided to the population in rural areas of the country. According to the data received from the World Bank Press Service, additional $19 million will be allocated to the Republic [...]

    YEREVAN (ARKA, Yerevan Report), June 18–Aristomene Varoudakis, the head of World Bank Yerevan Office, said today the World Bank will provide Armenia with $424 million worth of assistance before the end of the first quarter of 2011. Additionally, he said that Armenia’s full-year GDP growth may amount to 4-5 percent this year. Regarding the inflation [...]

YEREVAN (Public Radio of Armenia), February 26–The World Bank’s Board of Executive Directors approved a $5 million loan for the Additional Financing for the Armenia Social Protection Administration Project (SPAP). The Additional Financing will expand activities under the ongoing SPAP to further improve the delivery of social protection and employment services by strengthening institutions and [...]