Country Report Armenia November 1998 Main report

Economic policy: World Bank assists a land registration project

The World Bank's soft-loan arm, the International Development Association (IDA), has approved a $8m loan to help set up a land registration system. The bulk of the money, more than $6m, will be used to build a mapping centre, survey land and produce public-record maps. The remainder of the funds will be used to establish a central office and 11 branch offices to record land and other property in a chronological record of owners, their rights and their obligations.

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