WB Approved $6.25 Credit for Armenia to Fight Bird Flu

The World Bank Board of Directors has approved a $6.25 credit for Armenia to fight bird flu, Director of the WB Yerevan Office Roger Robinson said today. A $804 grant assigned by the Japanese government will contribute to the implementation of the program. In Mr. Robinson’s words, the program consists of three components.
“These are health, veterinarian measures, public awareness and compensation to the farmers, who may be deprived of fowl in case epidemic bursts out,” he said. Roger Robinson also informed that the discussions on the program have been held since late 2005. He also voiced hope that it will be ratified by the National Assembly in the near future. The credit will be allocated for a 40-year maturity term and 10-year grace period, reported Novosti-Armenia.