Armenian Prime Minister Tigran Sargsyan met Tuesday with Rudolf Jan Treffers, World Bank Executive Director for Armenia, to discuss further cooperation, reported the press office of the Armenian government.

Thanking Mr. Treffers for efficient activity, PM Sargsyan voiced hope that the WB projects targeting development of small and medium-sized businesses will help alleviation of global economic crisis consequences in the republic.

He also said that the crisis will stimulate reform process in various fields.