The Government of the Republic of Armenia agreed with the United States on the proposal to amend the N11 Amendment to the "More Competitive and Diversified Private Sector Assistance" agreement.

Minister of Economic Development and Investments Suren Karayan said that the agreement stipulates additional allocation of $ 10 million 677 thousand.

"It will be directed to the financing of the USAID-funded project in infrastructures, agriculture, tourism," the minister said.

Prime Minister Karen Karapetyan asked whether these funds were a grant, to which Suren Karayan gave a positive answer.

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