Monday, 22 September 2003

WORLD BANK OFFICIAL LAUDS ARMENIAN POVERTY-REDUCTION PROGRAM

Published in News Digest

By empty (9/22/2003 issue of the CACI Analyst)

Donna Dowsett-Coirolo, who is the World Bank\'s director for the South Caucasus, on 19 September praised Armenia\'s economic growth as \"very impressive,\" RFE/RL\'s Yerevan bureau reported. She also described as \"very good\" the 12-year poverty-reduction program approved by the government last month. Dowsett-Coirolo predicted that the bank will continue and may even increase its funding for Armenia in a new four-year Country Assistance Strategy to be unveiled next year.
Donna Dowsett-Coirolo, who is the World Bank\'s director for the South Caucasus, on 19 September praised Armenia\'s economic growth as \"very impressive,\" RFE/RL\'s Yerevan bureau reported. She also described as \"very good\" the 12-year poverty-reduction program approved by the government last month. Dowsett-Coirolo predicted that the bank will continue and may even increase its funding for Armenia in a new four-year Country Assistance Strategy to be unveiled next year. But at the same time she encouraged the Armenian leadership to do more to ensure that the benefits of economic growth are extended to rural areas. (RFE/RL)
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The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.

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