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Armenian Government Approves Additional $13.1 Million to Co-Finance Community Development Projects

The Armenian government has approved the allocation of AMD 6.236 billion (US$13.1 million) to co-finance 239 economic development and social infrastructure projects in the country.

Individual communities will kick-in an additional AMD 5.038 billion in financing.

The AMD 6.238 billion is in addition to co-financing subsidies already approved by the government.

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