ArmInfo. On December 12, at a government meeting, the Cabinet of Ministers of Armenia approved a proposal to sign a grant agreement between the Republic of Armenia and the Asian Development Bank>.
As stated in the explanatory note to the document, according to the RA government program for 2021- 2026, by 2026 it is planned to build, repair or renovate at least 300 schools, providing them with the necessary property and equipment , the document reads.
In 2015, under a loan agreement signed between the Armenian government and the Asian Development Bank, the Territorial Development Fund began implementing a program to improve the seismic safety of schools in Armenia. It was noted that the ADB loan from the total budget of the program is $88.5 million, and government co-financing is $18.5 million.
