YEREVAN. – At Thursday’s Cabinet session, the interim government of Armenia approved the proposal to sign a grant letter agreement with the International Bank for Reconstruction and Development.
The matter was presented at the Cabinet meeting by Deputy Prime Minister Mher Grigoryan. He noted that the World Bank has expressed its readiness to become a free-of-charge co-funder for four of the 25 anti-crisis measures in Armenia and wants to provide $3,718,000 to these programs.
The overall goal of this grant is to help strengthen the resilience of those affected by the Nagorno-Karabakh (Artsakh) conflict, and to promote social cohesion and employment in host communities.