THE FIRST TRANSH OF SAK-4 CREDIT WILL BE RECEIVED IN A WEEK

June 12, 2001 - 18:31 AMT
PanARMENIAN.Net - . The National Assembly has ratified the government agreement with the World Bank on the credit program SAC-4. The agreement stipulates the giving Armenia $50 million for implementing structural reforms. The first $15 million transh will be given during the week after the ratification. The giving of the second and the third transhes is conditioned with the successful reform conducting, in particular with the privatization of the distribution electronets.
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