Armenia to Secure €13 Million Loan for Road Renovation

The newspaper "Zhamanak" reports that the government has submitted a new loan program to the parliament for ratification. This program, signed between the Government of Armenia and the International Bank for Reconstruction and Development, will provide Armenia with a loan of €13.4 million.

These funds will be used to further renovate a 61-kilometer stretch of roadway. The government believes that the implementation of this program will have a significant impact on the development of Armenia's economy and the improvement of the social conditions of the population.

For more details, refer to today’s issue of the newspaper.