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GERMAN BANK PROVIDES FINANCIAL SUPPORT TO ARMENIA

Economy

Three agreements were signed Friday by Armenian Finance and Economy Ministry and German Recovery Credits Bank.

Under the first one, the bank grants 2 million 250 thousand euro for “Struggle against Tuberculosis” interregional program implementation and also targets 250,000 euro for treatment of correctional facilities’ inmates affected by TB.

Credit of 1,5million euro will be given to “Resources and Specialists Foundation 3” project, under the second agreement and 4,5million euro - to “Alaverdi 2” power substation under the third one.