The Armenian Government and the French Development Agency signed a 40 million euro loan agreement Wednesday.
The agreement was signed by Finance Minister of Armenia Vardan Aramyan and Director of the French Development Agency Jean Claude Pires, as well as French Ambassador to Armenia François Charpentier.
The loan is aimed at contributing to the implementation of reform programs in the loan, budgetary, social and ecological spheres, as well as to the development of competition.
