{"id":103156,"date":"2016-11-10T13:48:32","date_gmt":"2016-11-10T13:48:32","guid":{"rendered":"https:\/\/armbanks.am\/2016\/11\/10\/245417\/"},"modified":"2024-12-15T13:26:07","modified_gmt":"2024-12-15T13:26:07","slug":"adb-to-provide-90-million-loan-to-armenia","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2016\/11\/10\/103156\/","title":{"rendered":"ADB to provide $90 million loan to Armenia"},"content":{"rendered":"<p><strong>YEREVAN, November 10. \/ARKA\/.<\/strong> Armenia will receive a $90 million budget support loan from the Manila-based Asian Development Bank (ADB) to back the stability of infrastructures, minister of finance Vardan Aramyan said today at a Cabinet session.<\/p>\n<p>The draft loan agreement was approved today by the government. Aramyan noted that the loan will be provided in two installments &#8211; $60 million and $30 million. It will be used to improve the management\u00a0 and stability of roads, as well as water and electricity supplies.<\/p>\n<p>The minister said the loan is repayable within 15 years and is provided with a three year grace period and\u00a0 variable\u00a0 six-month Libor + 0.5% margin rate, which is now about\u00a0 1.7%.<\/p>\n<p>&#8220;All the issues have already been agreed and we are ready to sign the loan agreement as early as next week&#8221; &#8211; Aramyan said. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia will receive a $90 million budget support loan from the Manila-based Asian Development Bank (ADB) to back the stability of infrastructures, minister of finance Vardan Aramyan said today at a Cabinet session<\/p>\n","protected":false},"author":1,"featured_media":157940,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[12293,15837,12294],"class_list":{"0":"post-103156","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy-en","8":"category-news","9":"tag-adb","10":"tag-armenia-2","11":"tag-loan"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/103156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=103156"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/103156\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157940"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=103156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=103156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=103156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}