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World Bank Approves $200 Million Program to Support Armenia’s Economic Transformation
The World Bank and the OPEC Fund will provide Armenia with a loan package of approximately $290 million, aimed at boosting economic competitiveness and introducing emissions management systems. The main portion of the package—$200 million—will be provided by the World Bank, while the remaining $92.8 million will be allocated by the OPEC Fund as parallel financing. [....]