October 24, 2006 - 15:12 AMT
Robinson: Armenia Had Considerable Economic Progress Recently
Today Armenian Speaker Tigran Torosyan met with Director of the World Bank Yerevan Office Roger Robinson, who is completing his tenure in Armenia, reports the Press Office of the Armenian National Assembly. During the meeting Robinson said that within 4.5 years Armenia made considerable economic progress and that in sustainable development. Three factors in his words are crucial for development of any country: political, economic and social. At that he remarked that those factors are never displayed simultaneously: economic development almost always is ahead. The World Bank does not interfere with the policy, however successful holding of election is crucial for sustaining the economic development, WB Yerevan Office head said.

In his turn Tigran Torosyan stated that economic development was highlighted in the post-soviet territory before, however the development suggested that the social life has to be reformed as well and a country's success is conditioned by political-social-economic reforms. The Speaker noted that Armenia is at an interesting phase. He was sure that via reforms of the social life within 2-3 years success can be attained and full opportunities for deserving life of people can be created.