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Monday, 22 September 2003
WORLD BANK OFFICIAL LAUDS ARMENIAN POVERTY-REDUCTION PROGRAM
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)