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Time in Yerevan: 11:07,   29 March 2024

President Sargsyan receives World Bank Vice President for Europe and Central Asia Cyril Muller

President Sargsyan receives World Bank Vice President for Europe and Central Asia Cyril Muller

YEREVAN, DECEMBER 7, ARMENPRESS. President of Armenia Serzh Sargsyan received on December 7 World Bank Vice President for Europe and Central Asia Cyril Muller.

As “Armenpress” was informed from the press service of the Armenian President’s Office, welcoming the another visit of Cyril Muller to Armenia, the President stressed that it once again documents the firm partnership between Armenia and the World Bank. The President of the Republic highly assessed the role of the Bank in the social-economic development of Armenia, noting that the Bank was just from the beginning viewed in Armenia not only as a funder of investment projects but also as a reliable partner supporting economic reforms and the development of human capacities.

Serzh Sargsyan hoped that the partnership between Armenia and the World Bank will preserve the good traditions and practice in the future while the project directions will receive new qualities.

The sides mutually highlighted the necessity of consistent reforms in Armenia aimed at fostering exports, raising competitiveness and ensuring stable development. The President of the Republic stated that Armenia will be consistent in its path to the reforms of economic environment.

Recalling that today is the anniversary of Spitak’s disastrous earthquake, the Vice President of the WB noted that the Bank launched its activities in Armenia after the earthquake aimed at eliminating the consequences of the disaster and successfully developed partnership during the following years covering diverse economic branches of Armenia. “Next year we will mark the 25th anniversary of partnership with Armenia”, Cyril Muller said, assuring that the WB will spare no efforts to foster Armenia’s development. 








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