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Grant agreement was signed between the RA Ministry of Finance and the International Bank for Reconstruction and Development
07.05.2021
Grant agreement was signed between the RA Ministry of Finance and the International Bank for Reconstruction and Development

On May 7, the Republic of Armenia, represented by the Ministry of Finance, entered into an agreement with the International Bank for Reconstruction and Development titled 'Armenia's Support to Families Affected by the Conflict.' Under this agreement, a grant totaling $3,718,218 will be allocated to Armenia within the State Fund grant framework.

The grant support will be directed towards implementing cash transfers to displaced persons from Artsakh and their host families in Armenia. Additionally, it will contribute to the implementation of paid public works and temporary employment programs for displaced persons in Armenia.