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YEREVAN. – The Armenian government on Thursday approved a loan agreement with the European Investment Bank totalling 25.5 million euros for the rehabilitation and construction of water and sewage infrastructure in Armenia’s secondary cities and small communities.

The loan will help to implement over the period 2014-2018 the program of water infrastructure rehabilitation carried out by four regional water supply companies in rural Armenia, improving water services for some 400,000 people.

The program is co-financed by the German development bank KfW, an EU Neighbourhood Investment Facility (NIF) and the Armenian government.

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