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EBRD and WB joint report: support for market economy in Armenia grows significantly in 2010

29.06.2011 19:05

EBRD and WB joint report: support for market economy in Armenia grows significantly in 2010

YEREVAN, June 29. /ARKA/. Support for market economy in Armenia grew dramatically in 2010, compared with 2006, European Bank for Reconstruction and Development and the World Bank say in their joint report, excerpts of which were provided to ARKA News Agency on Thursday.

According to the report, it rose from 35% in 2006 to 50% in 2010. Support for market economy rose also in Uzbekistan - from 45% in 2006 to 62% in 2010. Instead, it fell markedly in Albania, Latvia and Serbia.

For comparison, fewer than 30 per cent of UK respondents and less than a quarter of French voice unequivocal support for market economics.

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World Bank expects Armenia’s GDP to grow at a rate of 4.6% in 2011, 4.3% in 2012 and to 4.2% in 2013

14.06.2011 15:06

World Bank expects Armenia’s GDP to grow at a rate of 4.6% in 2011, 4.3% in 2012 and to 4.2% in 2013

World Bank expects Armenia’s GDP to grow by 4.6% in 2011 and drop to 4.3% in 2012 and to 4.2% in 2013.

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Head of World Bank Yerevan office predicts 4-5% economic growth for Armenia this and next year

27.05.2011 14:13

Head of World Bank Yerevan office predicts 4-5% economic growth for Armenia this and next year

Head of World Bank Yerevan Office, Jean-Michel Happi, said today the WB predicts a 4-5% economic growth for Armenia this and next year.

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Armenian finance ministry, WB Yerevan office sign three loan agreements

26.01.2011 19:56

Armenian finance ministry, WB Yerevan office sign three loan agreements

On Tuesday, Jean-Michel Happi, head of the World Bank’s office in Yerevan, signed three loan agreements with Vache Gabrielyan, Armenian finance minister, as part of the credit package of the 2009-2012 policy of strategic partnership with Armenia, the finance ministry’s press office reports.

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Wb: Effect from Armenian Government’s Anti-Crisis Steps Already Visible

24.06.2010 21:28

Wb: Effect from Armenian Government’s Anti-Crisis Steps Already Visible

Pedro Rodriguez, a leading economist at the WB, thinks that the steps taken by Armenian government to buffer adverse impacts of the economic crisis have already produced visible results

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WB: Armenia’s economy is gradually recovering despite some challenges

22.06.2010 10:45

WB: Armenia’s economy is gradually recovering despite some challenges

Armenia’s economy is gradually recovering despite some challenges, Aristomene Varoudakis, head of the World Bank’s Yerevan office, said Monday at his meeting with Armenian National Assembly Speaker Hovik Abrahamyan.

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Economic recovery process to be protracted: World Bank

17.03.2010 14:07

Economic recovery process to be protracted: World Bank

Head of World Bank Yerevan Office, Aristomene Varoudakis, said today it will take Armenia a long time to be back on the track of economic recovery.

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WB expects Armenia’s CB to remain committed to floating exchange rate

27.02.2010 14:51

WB expects Armenia’s CB to remain committed to floating exchange rate

WB expects Armenia’s Central Bank to remain committed to floating exchange rate of dram

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World bank approves US$7 million sif project for Armenia

26.02.2010 19:23

World bank approves US$7 million sif project for Armenia

The World Bank’s Board of Executive Directors approved February 25 a US$7 million equivalent loan to Armenia as part of the Social Investment Fund III Project Second Additional Financing.

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World Bank approves US$5 million loan for social protection in Armenia

26.02.2010 15:36

World Bank approves US$5 million loan for social protection in Armenia

On Thursday, the World Bank’s Board of Executive Directors approved a US$5 million loan for the Additional Financing for the Armenia Social Protection Administration Project (SPAP)

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