YEREVAN. – Armenian Prime Minister Tigran Sargsyan on Monday received a delegation of the World Bank headed by executive director Frank Heemskerk.

During the meeting, Tigran Sargsyan highly assessed bilateral cooperation with the World Bank underscoring importance of further development.

“A number of projects in different areas were implemented in Armenia with the help of WB,” PM said.

Premier Sargsyan briefed the WB representative on social-economic situation in the country, noting that the government continues institutional reforms to overcome the existing challenges.
 
Frank Heemskerk said he is happy to see that Armenia is rated among the states with lower middle income. He also noted country's success in Doing Business report, expressing readiness to provide further assistance. 

The interlocutors discussed a wide range of issues related to bilateral cooperation.