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WASHINGTON, September 18 (Itar-Tass) - The World Bank approved on Tuesday a loan of 60 million dollars to modernize and revamp RosHydroMet (Russian Federal Service for Hydrometeorology and Environmental Monitoring) organizations and institutions, the press service of the World Bank reported.
It said the money would be used for the joint with the Russian Federation financing of a second project for modernization and technical reconstruction of RosHydroMet institutions. The total cost of the project is 139.50 million dollars.