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LOAN IS OK BUT KARABAKH POSSESSES POTENTIAL FOR PRODUCTION
Karabakh Open
Oct 15 2007
On October 13 President Bako Sahakyan met with the prime minister of
Armenia Serge Sargsyan visiting Stepanakert. After the meeting the
members of Armenian and Karabakh governments held a consultation. The
social and economic state of the country was discussed, namely
agriculture, education, energy, finance, banks. The participants
emphasized the necessity for promoting relations between the two
countries, and agreement was reached on holding meetings more
frequently.
After the consultation the Armenian prime minister told journalists
they discussed the annual interstate loan from Armenia to Karabakh.
In 2008 the size of the loan will be greater, Serge Sargsyan said. In
addition, he emphasized that the interstate loan is OK but Karabakh
possesses potential for boosting agricultural output. The loan is
mere assistance, and it is necessary to produce more in Karabakh,
said the prime minister of Armenia.
NKR President Bako Sahakyan said during the meeting they focused on
agriculture in Karabakh. "We reached agreement with the president
of the Central Bank of Armenia visiting Stepanakert to work out a
new finance and credit policy for Karabakh," Bako Sahakyan said. He
reminded that on Sunday the government will extend its program to
the parliament and it was necessary to learn the exact size of the
interstate loan before presenting the program. By the way, if the
parliament disapproves the program, it is a vote of no confidence to
the government.
Karabakh Open
Oct 15 2007
On October 13 President Bako Sahakyan met with the prime minister of
Armenia Serge Sargsyan visiting Stepanakert. After the meeting the
members of Armenian and Karabakh governments held a consultation. The
social and economic state of the country was discussed, namely
agriculture, education, energy, finance, banks. The participants
emphasized the necessity for promoting relations between the two
countries, and agreement was reached on holding meetings more
frequently.
After the consultation the Armenian prime minister told journalists
they discussed the annual interstate loan from Armenia to Karabakh.
In 2008 the size of the loan will be greater, Serge Sargsyan said. In
addition, he emphasized that the interstate loan is OK but Karabakh
possesses potential for boosting agricultural output. The loan is
mere assistance, and it is necessary to produce more in Karabakh,
said the prime minister of Armenia.
NKR President Bako Sahakyan said during the meeting they focused on
agriculture in Karabakh. "We reached agreement with the president
of the Central Bank of Armenia visiting Stepanakert to work out a
new finance and credit policy for Karabakh," Bako Sahakyan said. He
reminded that on Sunday the government will extend its program to
the parliament and it was necessary to learn the exact size of the
interstate loan before presenting the program. By the way, if the
parliament disapproves the program, it is a vote of no confidence to
the government.