IMF may give Armenia $392 million loan

The director of the mission of the International Monetary Fund (IMF) in
Armenia, Mark Lewis, has arranged a three-year loan to Armenia of $392
million as a part of the EFF/ECF programmes.
The board of governors of IMF is expected to make a final decision at
the end of June. In the case of approval, about $52 million will be
forwarded immediately, Interfax reports.