12/12/2019 13:52
IBRD to provide Armenia 45,8 million Euro budget assistance loan: deputy minister
Armenia will receive 45,8 million Euro budget assistance loan from the International Bank for Reconstruction and Development (IBRD), deputy finance minister Armen Hayrapetyan said at the NA session today.
The deputy minister said the repayment period is set for 25,5 years of which 14,5 are privileged.
“The means will be addressed toward actions on fighting against corruption, strengthening justice and civilian services, increase of efficiency of capital expenses,” the deputy minister said.