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Agreement On Development Credit Between Republic Of Armenia And Inte

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  • Agreement On Development Credit Between Republic Of Armenia And Inte

    AGREEMENT ON DEVELOPMENT CREDIT BETWEEN REPUBLIC OF ARMENIA AND INTERNATIONAL DEVELOPMENT ASSOCIATION RATIFIED

    Noyan Tapan
    Jun 14 2006

    YEREVAN, JUNE 14, NOYAN TAPAN. The RA National Assembly on June 14
    ratified the agreement on development credit, which was signed between
    the Republic of Armenia and the Internatioanl Development Association
    (IDA) on April 7, 2006. The IDA will allocate for Armenia a credit
    equivalent to 3.5 mln SDR for the purpose of implementing the renewable
    energy program in the country. The credit is repayable over 40 years.
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