ArmInfo. The European Union will provide Armenia with a grant of 7.5 million euros to finance the "Technical Cooperation Mechanism" program. The draft agreement, which will be signed by the Foreign Ministers and the Ministry of Economic Development of the Republic of Armenia, was approved for signing at the December 13 meeting of the RA Government.
According to the certificate - the rationale of the draft agreement, the grant funds will be used to support the state budget of Armenia within the framework of the single assistance program for 2017-2020.
It is envisaged, in particular, to make investments in the management of public policy, the management of public finances, the management of financial and administrative policies, and the promotion of business. The program will last 66 months from the moment of signing the document. Works are planed scheduled to be completed within 48 months.
RUB | 4.22 | 0.04 |
USD | 388.60 | -1.44 |
EUR | 416.73 | 1.10 |
GBP | 485.98 | 4.24 |
CAD | 284.02 | -0.58 |
JPY | 24.99 | -0.21 |
CNY | 53.63 | -0.19 |
CHF | 425.54 | -2.14 |