IBRD to provide 45.8 million Euro budgetary support loan to Armenia

YEREVAN, NOVEMBER 14, ARMENPRESS. The Government of Armenia today approved the proposal to sign a loan agreement between Armenia and the International Bank for Reconstruction and Development (IBRD).

According to the agreement, the Bank will provide 45.8 million Euro budgetary support loan to Armenia.

The funds will be used to finance the deficit defined by the Law on 2019 State Budget of Armenia.

Edited and translated by Aneta Harutyunyan