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IBRD to help Armenia rehabilitate irrigation systems

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  • IBRD to help Armenia rehabilitate irrigation systems

    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-
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