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Hoover´s: World Bank launches 16m-dollar environmental project in Armenia

Yerevan, 13 September: The Yerevan office of the World Bank and the Armenian Ecology Ministry today announced the beginning of the implementation of the Natural Resources Management and Poverty Reduction Project.

Head of the Yerevan office Roger Robinson said he hoped that the programme, prepared by competent and well-informed experts, would be successful.

The programme is to cover the Gegarkunik and Tavush regions of Armenia, where the tasks stipulated in the project are most topical.

Armenian Ecology Minister Vardan Ayvazyan noted that the programme, worth 16m dollars, was aimed at increasing the effectiveness of the management of water resources, restoring forests, carrying out institutional reforms in ecology and managing the Dilizhan and Sevan national parks.

Source: Mediamax news agency, Yerevan, in Russian 0758 gmt 13 Sep 02

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