Monday, September 24 2018 17:32

ArmInfo. Armenia has  fulfilled the conditions for the entry into force of the US $ 1  million grant agreement from the Eurasian Stabilization and  Development Fund (ESDF). The money will go to purchase medical  equipment for early detection of breast cancer. This is reported by  the EDB press service.

According to the report, during the implementation of the project  "Improvement of prevention and control of noncommunicable diseases in  the primary health care", equipment will be supplied to medical  institutions of 3 regions of Armenia: Lori, Syunik, Tavush Marz.

The corresponding Agreement between the Eurasian Development Bank  (EDB), the Fund Manager of the European Fund for Democracy and the  Government of the Republic was signed on April 3, 2018. In August, at  a cabinet meeting, a draft presidential decree was approved for  granting a grant from the funds of the EFSR. On September 14, the  Ministry of Health of the Republic of Armenia approved a plan for  procurement of medical equipment. Procurement procedures will begin  before the end of this year.  In addition, the project envisages the  introduction of an online program for continuing education for  medical workers, which will allow doctors from remote areas to be  trained remotely.

The Eurasian Development Bank (EDB) is an international financial  organization established by Russia and Kazakhstan in January 2006 to  promote the development of the market economy of the participating  countries, their sustainable economic growth and the expansion of  mutual trade and economic relations.  The authorized capital of the  EDB is 7 billion US dollars. The Member States of the Bank are the  Republic of Armenia, the Republic of Belarus, the Republic of  Kazakhstan, the Kyrgyz Republic, the Russian Federation and the  Republic of Tajikistan.

The Eurasian Stabilization and Development Fund (EFSR) of $ 8.513  billion was established on June 9, 2009 by the governments of the  same 6 countries. The objectives of the European Parliament are to  assist the participating countries in overcoming the consequences of  the global financial crisis, in ensuring their economic and financial  stability and supporting the integration processes in the region. The  member countries of the UFD granted the EDB the functions of the Fund  Manager and signed an agreement with the Bank on the management of  the funds of the EFSR.