 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
ArmInfo.Armenia's government has approved a proposal to sign a 92.3mln Euro loan agreement between Armenia and the World Bank (WB) for financing the 2023 budget deficit.
Reforms in a number of areas under a bilateral political action plan is a condition for the allocation of funds.
The project provides for alleviation of the consequences of climate change and legal reforms involving nature management, promotion of equality and human capital development, enhancing corruption control and judicial efficiency.
The loan will be issued for 19 years, with a 5-year grace period.
