Yerevan, October 26, ArmenPress: Armenian finance and economy minister Vartan Khachatrian and World Bank Resident Representative Rodger Robinson have signed today an agreement under which the government of Japan will provide Armenia with a $925,000 grant. A World Bank affiliation, International Development Association (IDA) administrates the Japanese grants.

Armenian finance and economy ministry said the main objective of the grant is to facilitate preliminary work for development of rural enterprises, as well as to help improve the skills of farmers and rural entrepreneurs to enter markets, to promote private and government investments in agriculture in order to increase possibilities for creating new jobs.