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WB Approved $6.25 Credit For Armenia To Fight Bird Flu

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  • WB Approved $6.25 Credit For Armenia To Fight Bird Flu

    WB APPROVED $6.25 CREDIT FOR ARMENIA TO FIGHT BIRD FLU

    PanARMENIAN.Net
    05.06.2006 14:45 GMT+04:00

    /PanARMENIAN.Net/ The World Bank Board of Directors has approved a
    $6.25 credit for Armenia to fight bird flu, Director of the WB Yerevan
    Office Roger Robinson said today. A $804 grant assigned by the Japanese
    government will contribute to the implementation of the program. In
    Mr. Robinson's words, the program consists of three components.

    "These are health, veterinarian measures, public awareness and
    compensation to the farmers, who may be deprived of fowl in case
    epidemic bursts out," he said. Roger Robinson also informed that the
    discussions on the program have been held since late 2005. He also
    voiced hope that it will be ratified by the National Assembly in the
    near future. The credit will be allocated for a 40-year maturity term
    and 10-year grace period, reported Novosti-Armenia.
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