IDA AND EBRD ALLOCATE $72 MILLION TO ARMENIAN GOVERNMENT

12:26, 7 November, 2013

YEREVAN, NOVEMBER 7, ARMENPRESS: The Government of the Republic of
Armenia approved the credit agreement for $72 million to be signed
with the International Development Association and the European Bank
for Reconstruction and Development. At the session of the Government
the Minister of Finance of Armenia David Sargsyan stated that with the
credit the Government will implement different structural reforms. “We
will carry out also fiscal, environmental, family benefits programs
targeting improvements”, – said the Minister of Finance.

Armenpress reports that David Sargsyan noted that the agreement will
get the approval of the World Bank Council on November 8.

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