YEREVAN. - Armenia must reject the World Bank technical assistance through its credit loans, said Armenian PM Tigran Sargsyan on Thursday.

“The legislative and regulatory projects that we order to the foreign experts at the expense of credit funds do not find subsequent application. We do not get sufficient results from the consultation, reporting and professional advice either,” stressed Sargsyan.  

He instructed the government to suspend the technical component of the loan programs under  and make the best out of active involvement of Armenian experts.

“We should request the technical assistance [from World Bank] only through grant programs. Only in outstanding cases we should apply for a credit load,” concluded Sargsyan.