OFID TO PROVIDE 14 MILLION DOLLAR CREDIT TO ARMENIAN GOVERNMENT

NOYAN TAPAN

Dec 25, 2008
YEREVAN

The Armenian ambassador to Austria Ashot Hovakimian and the
Director-General of the OPEC Fund for International Development (OFID)
Suleiman J. Al-Herbish on December 23 signed an agreement on allocation
of a 14 million dollar credit by the OFID to the Armenian government.

As NT was informed by the RA MFA Press and Information Department, the
credit is provided for implementation of the "Marketing Opportunity to
Farmers" program which envisages promotion of the economy of Armenian
rural areas through credits and investments.