Armenia to be allocated USD 150mln for “North-South” program

03.07.2014 | 14:42 Home / News / News /

The Board of EurAsEC Anti-Crisis Fund (ACF) passed a decision on allocating Armenia an investment loan to the tune of USD 15mln.

The loan will be used to fund the “Construction of North-South Road Corridor (NSRC)” (stage 4)”.

The decision was adopted on the basis of the Eurasian Development Bank’s (EDB) approval of Armenia’s application on funding the program.

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