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Prime Minister Of Armenia: Armenia Counts On Receiving Big Financing

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  • Prime Minister Of Armenia: Armenia Counts On Receiving Big Financing

    PRIME MINISTER OF ARMENIA: ARMENIA COUNTS ON RECEIVING BIG FINANCING FROM EURASEC ANTI-CRISIS FOUNDATION

    ArmInfo
    2009-07-02 14:51:00

    Armenia is interested in receipt of financing from EurAsEC anti-crisis
    Foundation for implementation of big economic projects, Prime Minister
    of Armenia Tigran Sarkisyan said at Thursday government session.

    He said $10 bln will be accumulated in the Foundation and 'Armenia
    should use an exclusive opportunity to attract additional financing for
    implementation of big projects. The problem is in absence of finished
    projects which may be submitted to the Fund for financing, the PM said.

    According to him, two programs in energy and chemistry have been still
    submitted, that is insufficient. An interdepartmental working group
    has been created by prime minister's decision, which will discuss
    the projects required for Armenia. 'Afterwards, we shall apply to the
    specialized organizations for preparation of business-proposals and
    their submission to the Fund, and the sooner it happens, the better',
    T. Sarkisyan said.

    Earlier is was informed that Russia's contribution in EurAsEC
    anti-crisis Foundation will make up $7,5 bln, Kazakhstan - $1 bln,
    Kyrgyzstan - $1 mln, Tajikistan - $1 mln and Armenia - $1 mln.
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