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 President Serzh Sargsyan received today Asad Alam, World Bank Director for Europe and Central Asia, as he is completing his mission in Armenia, and Henri Kerali, the new head of regional branch who will replace.

President’s press office said the sides highly assessed the cooperation between Armenia and the World Bank, hailing the results recorded in different spheres.

President Serzh Sargsyan expressed gratitude to the Bank for the cooperation and the consistent support to the social-economic reforms carried out in Armenia, stressing in particular the assistance provided to our country for the mitigation of the consequences of the global financial and economic crisis. According to the President, it has further strengthened and expanded partnership between Armenia and the World Bank. Serzh Sargsyan hailed the WB Regional Director for South Caucasus Asad Alam’s personal contribution to the deepening and development of cooperation and wished him success in his future activities.

President Sargsyan congratulated the newly appointed Regional Director Henry Kerali and expressed hope that during his visit, Mr. Kerali will have the opportunity to familiarize with the programs implemented in Armenia, our country’s potential for development and existing challenges and contribute on his new position to Armenia’s continued cooperation with the World Bank.