Thursday, May 11 2023 13:03
Alexandr Avanesov

WB to issue 92.3mln Euro loan to Armenia for supporting country`s  budget

WB to issue 92.3mln Euro loan to Armenia for supporting country`s  budget

ArmInfo.The International Bank for Reconstruction and Development (IBRD), the lending arm of World  Bank Group, will issue a 92.3mln Euro loan to Armenia for supporting the country's budget. 

Armenia's government has approved a draft agreement. 

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.