RUSSIA TO DISBURSE $500 MLN LOAN TO ARMENIA BEFORE END OF WEEK – KUDRIN

Interfax
May 27 2009
Russia

Russia will disburse a loan of $500 million to Armenia before the
end of the week, Deputy Prime Minister and Finance Minister Alexei
Kudrin said.

"The agreement with Armenia on a loan of $500 million for 15 years
was signed last week. The money will be disbursed this week," Kudrin
said at a meeting with President Dmitry Medvedev on Tuesday.

Kudrin recalled that a preferential loan of $300 million and a grant
of $150 million had already been disbursed.

"As for our relations with Kyrgyzstan and Armenia, we have helped
and will help our close partners in line with those decisions made
earlier," Medvedev said.