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Germany grants 20 million euros to Armenia

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Germany grants 20 million euros to Armenia

At a meeting held on January 16 the Armenian government approved the signing of an agreement between the governments of Armenia and Germany on financial cooperation.

Axar.az reports that this information was provided by the Armenian government.

According to the agreement, it is planned to receive a loan of up to €26,000,000 from the Rehabilitation Loans Bank for the project "Development of renewable energy and energy efficiency: Phase IV," and a grant of up to €2,000,000 for the related activities necessary for the implementation and consultancy of the aforesaid project.
Date
2025.01.16 / 17:52
Author
Axar.az
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