President signs IBRD loan deal bill into law
President of Armenia Armen Sarkissian has signed the bill on ratifying the Additional Funding for Water Irrigation Improvement Project agreement between Armenia and the International Bank for Reconstruction and Development (IBRD) into law on April 27.
Earlier on April 3, the committee on financial-credit and budgetary affairs of the Armenian parliament gave a positive conclusion to the 2 million dollar loan agreement between Armenia and the International Bank for Reconstruction and Development (IBRD).
The bill on ratifying the agreement on additional funding for improving irrigation systems was included in the plenary session agenda.
The agreement was signed on November 20, 2017.
