EBRD to provide $50 million budgetary loan to Armenia

Armenpress 16:29, 26 November, 2014

YEREVAN, 26 NOVEMBER, ARMENPRESS. According to the “Trade Promotion and Quality Infrastructure Program” loan agreement signed between Armenia and the European Bank for Reconstruction and Development on 6 August 2014, the EBRD will be providing a $50 million budgeting loan to the Republic of Armenia. The issue on approving the agreement is included in the agenda for the November 27 session of the Government of the Republic of Armenia.

The major goal of the Trade Promotion and Quality Infrastructure Program is to build the Armenian government’s capacities in promoting companies’ exports, engaging investors and providing services for quality management, as well as to reinforce the environment supporting the growth of private investments and exports and to build companies’ capacities.



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