YEREVAN. – The National Assembly of Armenia on Thursday passed the decision on the ratification of the already-signed Armenia-Asian Development Bank (ADB) loan agreement for the Sustainable Urban Development Investment Program - Tranche 2.
The aforesaid decision passed by a vote of 78 for, 20 against, and 12 abstentions.
Under this loan agreement, the ADB will help carry out road construction work in numerous towns in Armenia.
The project cost is 112 million 960 thousand US dollars.
