WASHINGTON, May 8, 2019 - The World Bank’s Board of Executive Directors today approved the following project:
Additional Financing of the Armenia Lifeline Road Network Improvement
IBRD Loan: EUR 13. 4 million
Terms: Maturity = 25.5 years, Grace = 14.5 years
Project ID: P126782
Project Description: This project aims to further assist the Government in its efforts to improve accessibility to markets and social services through the rehabilitation of an additional 61 km of the road network, as well as its climate resilience and safety management.
For more information, please visit: https://projects.worldbank.org/P150505?lang=en