{"id":111509,"date":"2017-12-08T13:04:49","date_gmt":"2017-12-08T13:04:49","guid":{"rendered":"https:\/\/armbanks.am\/2017\/12\/08\/246976\/"},"modified":"2024-12-15T13:31:49","modified_gmt":"2024-12-15T13:31:49","slug":"armenia-receives-third-100-million-tranche-of-efsd","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2017\/12\/08\/111509\/","title":{"rendered":"Armenia receives third $100 million tranche of EFSD"},"content":{"rendered":"<p><strong>YEREVAN, December 8. \/ARKA\/.<\/strong> The Eurasian Fund for Stabilization and Development (EFSD), run by the Eurasian Development Bank, approved the release of the third tranche of a financial loan to Armenia in the amount of $ 100 million. The money was transferred to the country&#8217;s ministry of finance on December 6, EFSD said in a press release.<\/p>\n<p>The $300 million loan agreement was signed in November 2015. The financial resources are intended for the government of Armenia to neutralize possible short-term and mid-term risks in implementing foreign exchange policy and to ensure as fast economic growth as possible. The loan was provided for 20 year with a ten-year grace period and 2% annual interest rate.<\/p>\n<p>The Eurasian Fund for Stabilization and Development is considering also the extension of another $40 million loan to Armenia for modernization of irrigation infrastructures. The total budget of this five-year project amounts to $50 million, of which $10 million will be provided by the Armenian government.<\/p>\n<p>The Eurasian Fund for Stabilization and Development (earlier Eurasian Anti-Crisis Fund) was established by Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan in 2009. It is run by the Eurasian Development Bank-0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Eurasian Fund for Stabilization and Development (EFSD), run by the Eurasian Development Bank, approved the release of the third tranche of a financial loan to Armenia in the amount of $ 100 million<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,13967,12848,12294,12785,956],"class_list":{"0":"post-111509","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-armenia-2","9":"tag-efsd","10":"tag-eurasian-development-bank","11":"tag-loan","12":"tag-tranche","13":"tag-956"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/111509","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=111509"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/111509\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=111509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=111509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=111509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}