IBRD to help Armenia rehabilitate irrigation systems

YEREVAN, September 12. /ARKA/. Armenian parliament will consider
ratification of a loan agreement signed by Armenia and the
International Bank of Reconstruction and Development (IBRD) at its
autumn session that starts on September 15.

Under the agreement the IBRD will provide Armenia with a $30 million
loan for rehabilitation of the country’s irrigation systems.

The press office of the Armenian parliament said the agreement had been
discussed by the parliament committee on foreign relations.

Andranik Andreasisn, head of the State Water Committee, said the goal
of the irrigation system rehabilitation program is to improve the
effective use of irrigation water and stimulate rural employment. -0-