News

World Bank loans $16m to Armenia

24/03/2011

Struggling cattle and sheep farmers in Armenia are to receive a $16 million loan from the World Bank, it was announced on 23 March, 2011. The loan is to be distributed among 55 villages, and will be supplemented by $5.3 million from the Armenian government as part of Prime Minister Tigran Sargsyan’s efforts to shore up the country’s agriculture and livestock production.

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