OFID TO EXTEND $14 MILLION LOAN TO ARMENIA
ARKA
Dec 25
YEREVAN
The OPEC Fund for International Development (OFID) will extend $14mln
loan to Armenia, the RA Foreign Ministry reports.
Armenia’s Ambassador to Austria Ashot Hovakimyan and OFID Director
General Suleiman J. Al-Herbish.
The funds will serve for the Program Marketing Opportunities for
Farmers aimed at developing Armenia’s villages with the help of
investments.
Hailing OPEC’s cooperation with the RA government, Al-Herbish vowed
support to further initiatives.
On behalf of the RA government, Ambassador Hovakimyan thanked OFID for
assisting Armenia, assuring the OFID director general he will witness
the program’s productive results as he visits Armenia in 2009.