{"id":76062,"date":"2014-05-23T16:13:26","date_gmt":"2014-05-23T16:13:26","guid":{"rendered":"https:\/\/armbanks.am\/2014\/05\/23\/240852\/"},"modified":"2024-12-15T13:11:34","modified_gmt":"2024-12-15T13:11:34","slug":"armenia-and-world-bank-sign-two-loan-agreements-worth-51-2-million","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2014\/05\/23\/76062\/","title":{"rendered":"Armenia and World Bank sign two loan agreements worth $51.2 million"},"content":{"rendered":"<p><strong>YEREVAN, May 23. \/ ARKA \/.<\/strong> Armenian Finance Minister Gagik Khachatryan and head of the World Bank Yerevan Office, Jean-Michel Happi, have signed today two loan agreements worth a total of $51.2 million, which will be used to finance educational and social programs.<\/p>\n<p>The Ministry of Finance said under the Second Social Protection Administration Project signed with the International Development Agency (IDA), Armenia will receive a credit of $ 21.2 million (13.9 million SDR). This program aims to improve social protection service delivery and strengthen analytical and monitoring and evaluation functions of the agencies delivering.<\/p>\n<p>Under the Education Improvement Project in Armenia the country will receive a loan of $30 million, half of which will be provided by the International Bank for Reconstruction and Development (IBRD), and the second half, an equivalent of 9 8 million SDR, will be provided by the IDA.<\/p>\n<p>This project will support the improvement of school readiness for children entering primary education and the physical conditions in upper-secondary schools. It will also promote greater links between higher education institutions and labor market in Armenia.<\/p>\n<p>Since joining the World Bank in 1992 and IDA in 1993, the commitments to Armenia total approximately US$ 1.839.06 billion. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenian Finance Minister Gagik Khachatryan and head of the World Bank Yerevan Office, Jean-Michel Happi, have signed today two loan agreements worth a total of $51.2 million, which will be used to finance educational and social programs<\/p>\n","protected":false},"author":1,"featured_media":162085,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,15750,12183],"class_list":{"0":"post-76062","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-armenia-2","10":"tag-dollar-2","11":"tag-world-bank"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/76062","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=76062"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/76062\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/162085"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=76062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=76062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=76062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}