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ARMENIA TO RECEIVE 13.6 MILLION DOLLARS

Politics

The executive council of the International Monetary Fund confirmed a three-year 9.2 million SDR (nearly 13.6 million U.S. dollars) loan to Armenia in the framework of the Poverty Reduction and Economic Growth program to support the government’s economic plan leading up to 2011.

With that decision, Armenia will have the opportunity to receive 1.31 million SDR (nearly 1.9 million dollars) from the International Monetary Fund.