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WB ALLOCATES 1 MILLION DOLLARS FOR DEVELOPMENT OF ARMENIAN IRRIGATION
SYSTEMS
YEREVAN, MARCH 9, NOYAN TAPAN. The World Bank allocated a prepayment of
1 million USD with the aim of additional financing of the program on
development of Armenia's irrigation systems. The respective agreement
was signed on March 9 by the RA Minister of Finance and Economy Vardan
Khachatrian and Acting Director of the WB Yerevan Office Naira
Melkumian. V. Khachatrian said that some expenditures will be financed
with this sum, particularly, water saving and energy expenditures'
reduction by the WB Program on Development of the Initial Irrigation
System. To recap, since 1993 until now the World Bank has allocated
credits of 1 bln 25 mln dollars for implementation of 47 programs in
Armenia.
SYSTEMS
YEREVAN, MARCH 9, NOYAN TAPAN. The World Bank allocated a prepayment of
1 million USD with the aim of additional financing of the program on
development of Armenia's irrigation systems. The respective agreement
was signed on March 9 by the RA Minister of Finance and Economy Vardan
Khachatrian and Acting Director of the WB Yerevan Office Naira
Melkumian. V. Khachatrian said that some expenditures will be financed
with this sum, particularly, water saving and energy expenditures'
reduction by the WB Program on Development of the Initial Irrigation
System. To recap, since 1993 until now the World Bank has allocated
credits of 1 bln 25 mln dollars for implementation of 47 programs in
Armenia.