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Armenia To Receive 13.6 Million Dollars

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  • Armenia To Receive 13.6 Million Dollars

    ARMENIA TO RECEIVE 13.6 MILLION DOLLARS

    A1+
    [06:54 pm] 18 November, 2008

    The executive council of the International Monetary Fund confirmed a
    three-year 9.2 million SDR (nearly 13.6 million U.S. dollars) loan to
    Armenia in the framework of the Poverty Reduction and Economic Growth
    program to support the government's economic plan leading up to 2011.

    With that decision, Armenia will have the opportunity to receive
    1.31 million SDR (nearly 1.9 million dollars) from the International
    Monetary Fund.

    From: Emil Lazarian | Ararat NewsPress
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