SAC-4 CREDIT WILL HELP ARMENIA OVERCOME THE CRISIS, WB REGIONAL DIRECTOR THINKSJanuary 23, 2001 - 21:50 AMT PanARMENIAN.Net - 23.01.2001, MEDIAMAX, YEREVAN. World Bank in cooperation with the government of Armenia has begun working out the project of SAC-4 credit for structural reforms, World Bank Regional director for Southern Caucasian states Judi O'Connor said today at a press conference in Yerevan.Mrs. O'Connor voiced her hope that this credit allotment will help Armenia overcome the crisis. Touching upon the question of SAC-3 credit program realization, WB Regional Director marked considerable faults in the spheres of social security, education, public health, which, in her opinion, is caused by personnel changes in the corresponding ministries. Judi O'Connor said the main activity of the World Bank in Armenia is aimed at supporting reforms in legal-judicial, license and tax-customs spheres. -0- ![]() ![]() Grigoryan added that the situation around the world and particularly in the region is very difficult. The Armenian Defense Ministry has denied Azerbaijan's accusations of violating the ceasefire. Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution. President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova. ![]() ![]() Partner news | ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |