  WB to fund road construction in ArmeniaMay 8, 2009 - 13:59 AMT PanARMENIAN.Net - .World Fund intends to provide USD 36 million credit to RA Government for road construction on the territory of Armenia, RA Transportation Minister Guren Sargsyan said on Thursday.Future funding will depend on the success of Rural Roads Construction Project 2009, USD 25 million funding recipient. International Development Association credits are provided for 20 years, with 0,75% interest rate to be paid within the first 10 years.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Related sections Latest news European Parliament to discuss repression in Azerbaijan  The European Parliament will discuss repression of civil society in Azerbaijan on April 24PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE.Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide.Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |
