sentences:  The International Monetary Fund (IMF), World Bank, European Bank for Reconstruction and Development (EBRD), and other international financial institutions (IFIs) and foreign countries are extending considerable grants and loans.Loans to Armenia since 1993 exceed $1.1 billion.These loans are targeted at reducing the budget deficit and stabilising the currency; developing private businesses; energy; agriculture; food processing; transportation; the health and education sectors; and ongoing rehabilitation in the earthquake zone.