"Green, resilient and inclusive development policy loan" budget support loan agreement worth 92,300,000 euros will be signed between the Republic of Armenia and the International Bank for Reconstruction and Development. At the session held on March 23, 2023, RA government approved the proposal to sign the loan agreement.
The scope of the project, in particular, includes:
Promoting climate change mitigation and adaptation, and improving the regulatory framework for environmental management
Strengthening equality and promoting human capital development
Strengthening the effectiveness of the anti-corruption framework and the justice sector.
The International Bank for Reconstruction and Development is the main lending institution of the World Bank.
March 23, 2023 at 16:49