ArmenPress
25 Oct. 2004

JAPANESE GOVERNMENT PLEDGES $925000 GRANT TO ARMENIAN AGRICULTURE

YEREVAN, OCTOBER 25, ARMENPRESS: Armenian finance and economy
minister Vartan Khachatrian and World Bank Resident Representative
Rodger Robinson have signed today an agreement under which the
government of Japan will provide Armenia with a $925,000 grant. A World
Bank affiliation, International Development Association (IDA)
administrates the Japanese grants.
Armenian finance and economy ministry said the main objective of the
grant is to facilitate preliminary work for development of rural
enterprises, as well as to help improve the skills of farmers and rural
entrepreneurs to enter markets, to promote private and government
investments in agriculture in order to increase possibilities for
creating new jobs.