More World Bank Funds for Armenian Water Project

The World Bank will lend an additional USD20 million to back Armenia’s water and wastewater project. The supplementary assistance will support the extension of the ongoing management contract between the Armenia Water and Wastewater Company and an international water supply utility operator as well as the remaining activities under the program. (“World Bank Finances Rehabilitation of Armenia’s Water and Wastewater Infrastructure” - World Bank, Oct. 30, 2008)