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ADB approves 72-mln-USD loan to boost Armenia’s quake resilience

MANILA, Oct. 2 (Xinhua) — The Asian Development Bank (ADB) Monday said it has approved a loan of 66.1 million euros (72.3 million U.S. dollars) as additional financing to support Armenia in building earthquake-resilient schools and strengthening its capacity for seismic disaster risk management.

“Armenia is located in a seismically active region and is prone to earthquakes that can cause significant human suffe