 THE FIRST TRANCH OF THE SAK-4 CREDIT HAS BEEN RECEIVEDJune 20, 2001 - 00:02 AMT PanARMENIAN.Net - . The members of the Armenian parliament delegation returned yesterday from Washington, where they and the World Bank leaders negotiated. As a result of those negotiations the WB decided to give Armenia the first tranch of SAK-4 credit made for realization of structural reforms. Today Vardan Khachatryan, the minister of Finance and Economy has informed it at the press conference. The sum of the first tranch is $14333000. The total sum of the credit is $50 million. The World Bank conditions the payment of the second and third tranches with a number of terms, particularly with making private the energy distributing nets.  Top stories Grigoryan added that the situation around the world and particularly in the region is very difficult. The Armenian Defense Ministry has denied Azerbaijan's accusations of violating the ceasefire. Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution. President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
