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WB Approved $6.25 Credit For Armenia To Fight Bird Flu

WB APPROVED $6.25 CREDIT FOR ARMENIA TO FIGHT BIRD FLU

PanARMENIAN.Net
05.06.2006 14:45 GMT+04:00

/PanARMENIAN.Net/ The World Bank Board of Directors has approved a
$6.25 credit for Armenia to fight bird flu, Director of the WB Yerevan
Office Roger Robinson said today. A $804 grant assigned by the Japanese
government will contribute to the implementation of the program. In
Mr. Robinson’s words, the program consists of three components.

“These are health, veterinarian measures, public awareness and
compensation to the farmers, who may be deprived of fowl in case
epidemic bursts out,” he said. Roger Robinson also informed that the
discussions on the program have been held since late 2005. He also
voiced hope that it will be ratified by the National Assembly in the
near future. The credit will be allocated for a 40-year maturity term
and 10-year grace period, reported Novosti-Armenia.

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