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Armenia Provides over $10 Million Interstate Loan to Aid Artsakh's Post-War Social Recovery


Armenia Provides over $10 Million Interstate Loan to Aid Artsakh's Post-War Social Recovery

During an August 24 Cabinet meeting, the Government of Armenia has approved an interstate loan of AMD 4 billion (over $10 million) to the Republic of Artsakh, also known as Nagorno-Karabakh. The loan aims to alleviate social tensions and support post-war recovery efforts in Artsakh.


This financial assistance underscores the strong collaborative spirit between Armenia and Artsakh as they work together to address the challenges stemming from the recent war and ongoing blockade. The funds will contribute to easing immediate and long-term impacts on the region's population.


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