World Bank extends IT growth loan to Armenia
The World Bank announced on Wednesday the release of a fresh $24 million loan to Armenia designed to foster enterprise innovation and the spread of information technology (IT) in the country.
World Bank grants Armenia another loan
YEREVAN (RFE/RL)-In a further effort to mitigate the impact of the global recession, the World Bank allocated late Tuesday a new $30 million loan to Armenia aimed at rehabilitating some of the country's battered irrigation networks.
World Bank to fund more rural roadwork in Armenia
YEREVAN (RFE/RL)-The World Bank announced on Friday the release of a fresh US$40 million loan designed to finance the reconstruction and repair of some 430 kilometers of rural roads across Armenia.
World Bank warns Armenia against corruption
YEREVAN (RFE/RL)-Armenia will not reach a higher level of development unless its leadership changes the "oligopolistic" structure of the national economy, bolsters the rule of law and shows "zero tolerance" of corruption...
