Armenia to borrow €45.8 million from IBRD

Armenia to borrow €45.8 million from IBRD

PanARMENIAN.Net - Armenia will borrow €45.8 million from the International Bank for Reconstruction and Development as a budget support loan.

The government on Thursday, November 14 approved the signing of the agreement between the country and the bank.

The loan will be used to finance the 2019 budget deficit of Armenia.

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