Armenian president finds IFC’S participation in Armenia’s business programs very useful
28.08.2010,
03:46
Armenian President Serzh Sargsyan thinks International Finance Corporation’s investments in Armenia’s business programs will be very useful.
YEREVAN, August 27. /ARKA/. Armenian President Serzh Sargsyan thinks International Finance Corporation’s investments in Armenia’s business programs will be very useful.
On Thursday, at his meeting with IFC Executive Vice President Lars H. Thunell, Sargsyan hailed the corporation’s willingness to expand its cooperation with Armenia, the presidential press office reports.
The head of state stressed the importance of the IFC’s consulting services especially for banking, energy, mining and business and administration areas.
Thunell, speaking about expansion of the IFC activity in Armenia, said that its results would become visible very soon.
The International Finance Corporation (IFC) promotes sustainable private sector investment in developing countries as a way to reduce poverty and improve people's lives.
IFC fosters sustainable economic growth in developing countries by financing private sector investment, mobilizing capital in the international financial markets, and providing advisory services to businesses and governments.
IFC is a member of the World Bank Group.
Armenia became a member of IFC in 1995. The IFC started investing in Armenia in 2001 and has invested $87 million under 18 projects in Armenia since then. -0---
On Thursday, at his meeting with IFC Executive Vice President Lars H. Thunell, Sargsyan hailed the corporation’s willingness to expand its cooperation with Armenia, the presidential press office reports.
The head of state stressed the importance of the IFC’s consulting services especially for banking, energy, mining and business and administration areas.
Thunell, speaking about expansion of the IFC activity in Armenia, said that its results would become visible very soon.
The International Finance Corporation (IFC) promotes sustainable private sector investment in developing countries as a way to reduce poverty and improve people's lives.
IFC fosters sustainable economic growth in developing countries by financing private sector investment, mobilizing capital in the international financial markets, and providing advisory services to businesses and governments.
IFC is a member of the World Bank Group.
Armenia became a member of IFC in 1995. The IFC started investing in Armenia in 2001 and has invested $87 million under 18 projects in Armenia since then. -0---
