The Armenian government plans to secure two new loans totaling over $320 million to finance the state budget deficit.
One of the loans, amounting to $150 million, will be signed with the Asian Development Bank, aimed at supporting budgetary and financial management as well as developing the government securities market.
The second loan agreement, worth €70.3 million, will be signed with the International Bank for Reconstruction and Development, with the program being implemented in conjunction with the OPEC Fund for International Development.
