New loans from the World Bank

From Baku Today, the World Bank has released $35 million in new loans for Armenia.

The biggest of the World Bank loans, worth $23 million, is aimed at improving supplies of drinking water and wastewater disposal in the regions outside Yerevan. It will improve the reliability and quality or drinking water, increase hours of service, and provide for greater operating efficiency, Brian Steven Smith, head of the bank's team designing the project, said in a statement from Washington.

Posted by Matt on May 11, 2004 | TrackBack | Email to a friend