WB recognizes Libya's National Transitional CouncilSeptember 13, 2011 - 20:01 AMT PanARMENIAN.Net - The World Bank on Tuesday, September 13 said it officially recognized the ruling National Transitional Council as Libya's government and had been asked to help lead efforts to restore vital services and develop jobs programs as the country tries to return to normal after a six-month war. "As Libya begins its recovery from conflict, the World Bank has been asked to lead the effort in the areas of public expenditure and financial management, infrastructure repair, job creation for young people and service delivery," the poverty-fighting institution said in a statement. The Bank said it had been asked to repair services in the water, energy and transport sectors and, in cooperation with the International Monetary Fund, to help prepare the country's budget and restore the banking sector, according to Reuters. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |