{"id":250892,"date":"2023-05-03T18:00:13","date_gmt":"2023-05-03T18:00:13","guid":{"rendered":"https:\/\/armbanks.am\/2023\/05\/03\/250892\/"},"modified":"2023-05-03T18:00:13","modified_gmt":"2023-05-03T18:00:13","slug":"armenia-to-get-additional-86-million-loan-from-edb-for-north-south-highway-construction","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2023\/05\/03\/250892\/","title":{"rendered":"Armenia\u00a0to get additional $86 million loan from EDB for North-South highway construction"},"content":{"rendered":"\n<p><strong>YEREVAN, May 3. \/ARKA\/.\u00a0<\/strong>\u00a0Armenia\u00a0will receive fresh funds from the Eurasian Fund for Stabilization and Development to finance the construction of Tranche 4 section of\u00a0the\u00a0North-South\u00a0Highway.<\/p>\n\n\n\n<p>The agreement to that end was ratified today by fifty-nine members of the Armenian parliament, six MPs voted against and another 24 abstained.<\/p>\n\n\n\n<p>According to Deputy Minister of Territorial Administration and Development Kristine Galechyan, the&nbsp;fresh&nbsp;loan will be used to build the section of the highway stretching from Agarak town in southern Syunik province to the entrance of 32 km long Kajaran&nbsp;tunnel.<\/p>\n\n\n\n<p>Under the agreement, Armenia will receive $86.7 million in additional&nbsp;loan, while the total amount of funds under this&nbsp;project will&nbsp;amount to&nbsp;$236.7 million. The repayment deadline has also been extended to December 2026.<\/p>\n\n\n\n<p>The Eurasian Fund for Stabilization and Development&nbsp;is a regional financial arrangement in the amount of US$ 8.513 billion established by Armenia, Belarus, Kazakhstan, Kyrgyz Republic, Russia, and Tajikistan to provide long-run sustainability and to foster economic integration of EFSD member countries. &#8211;0&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia\u00a0will receive fresh funds from the Eurasian Fund for Stabilization and Development to finance the construction of Tranche 4 section of\u00a0the\u00a0North-South\u00a0Highway<\/p>\n","protected":false},"author":1,"featured_media":198745,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[],"class_list":{"0":"post-250892","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/250892","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=250892"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/250892\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/198745"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=250892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=250892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=250892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}