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The French Development Agency will provide 100 million euros to Armenia
10 November 2022, 16:42
The government approved the proposal to sign a loan agreement between the Republic of Armenia and the French Development Agency. According to the agreement, under the budget support program, 100 million euros of credit funds will be provided to Armenia, which will be directed to the financing of the deficit defined by the law of the Republic of Armenia "On the 2022 State Budget of the Republic of Armenia".
The project's scope includes increasing the efficiency of fiscal planning, transparency, risk management, public spending, public-private partnership system reforms, public procurement system modernization, green economy policy development, etc.
