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ARMENIAN ASKS FOR $50-$70 MILLION FROM WORLD BANK TO FINANCE NEW MUNICIPAL WATER AND WASTEWATER PROJECT
ARKA
March 25, 2010
YEREVAN, March 25. /ARKA/. The Armenian government has asked for a
$50-$70 million loan from World Bank to finance a new water supply
project, a World Bank regional infrastructures projects coordinator,
Ahmed Eiweida, told a news conference today in Yerevan.
He said the request has been conveyed to World Bank that always
responds to government's priorities.
He said also the World Bank will continue to assist the Armenian
government to mitigate the consequences of the global crisis, stabilize
macroeconomic indices and raise the .quality of services delivered
to the population.
The World Bank-supported Municipal Water and Wastewater Project is
ending in 2011. It embraces 300 communities. The total budget of the
project is $43 million.
Since 1992 World Bank has provided Armenia with loans worth $1.318
billion to finance 70 projects. Fifty-two have been accomplished and
another 17 are in the process. -
ARKA
March 25, 2010
YEREVAN, March 25. /ARKA/. The Armenian government has asked for a
$50-$70 million loan from World Bank to finance a new water supply
project, a World Bank regional infrastructures projects coordinator,
Ahmed Eiweida, told a news conference today in Yerevan.
He said the request has been conveyed to World Bank that always
responds to government's priorities.
He said also the World Bank will continue to assist the Armenian
government to mitigate the consequences of the global crisis, stabilize
macroeconomic indices and raise the .quality of services delivered
to the population.
The World Bank-supported Municipal Water and Wastewater Project is
ending in 2011. It embraces 300 communities. The total budget of the
project is $43 million.
Since 1992 World Bank has provided Armenia with loans worth $1.318
billion to finance 70 projects. Fifty-two have been accomplished and
another 17 are in the process. -