Armenian lawmakers to discuss reception of loans worth some $260 million

The Armenian parliamentary commission for international relations will discuss 7 international agreements to receive loans worth a total of about $260 million, Tert.am reports.

The loans will be spent on development of electricity, plumbing and services. Armenia has a governmental debt of $4.2 billion, the figure may reach $5 billion by the end of 2015. Thus, the country will get new loans to pay the old ones.