WB TO FUND ROAD CONSTRUCTION IN ARMENIA
PanARMENIAN.Net
08.05.2009 12:59 GMT+04:00
/PanARMENIAN.Net/ .World Fund intends to provide USD 36 million credit
to RA Government for road construction on the territory of Armenia,
RA Transportation Minister Guren Sargsyan said on Thursday.
Future funding will depend on the success of Rural Roads Construction
Project 2009, USD 25 million funding recipient.
International Development Association credits are provided for 20
years, with 0,75% interest rate to be paid within the first 10 years.
From: Emil Lazarian | Ararat NewsPress
PanARMENIAN.Net
08.05.2009 12:59 GMT+04:00
/PanARMENIAN.Net/ .World Fund intends to provide USD 36 million credit
to RA Government for road construction on the territory of Armenia,
RA Transportation Minister Guren Sargsyan said on Thursday.
Future funding will depend on the success of Rural Roads Construction
Project 2009, USD 25 million funding recipient.
International Development Association credits are provided for 20
years, with 0,75% interest rate to be paid within the first 10 years.
From: Emil Lazarian | Ararat NewsPress