CREDIT AGREEMENT SIGNED BETWEEN ARMENIA’S MINISTRY OF FINANCE AND WORLD BANK YEREVAN OFFICE
Hasmik Dilanyan
"Radiolur"
05.06.2009 14:49
A new credit agreement was signed today between the Ministry of Finance
of the Republic of Armenia and the World Bank Office in Yerevan. This
time the $25 million will be allocated to the improvement of the
sphere of education.
Diretor of the World Bank Yerevan Office Aristomene Varoudakis highly
appreciated the initiative of the Armenian Government to render
support to the field of education even under the conditions of the
global crisis.
Finance Minister Tigran Davtyan informed reporters about the amount
of external debt of Armenia. He said the external debt was normal
and three were no grounds to worry.
As for the $500 million Russia has promised, the Minister of Finance
said it was expecte din Armenia next week.