YEREVAN HOSTS THE SITTING OF THE HAYASTAN FUND BOARD OF TRUSTEES
Hasmik Dilanyan

"Radiolur"
14.05.2010 13:57

The Board of Trustees of the Hayastan All Armenian Fund convened a
sitting today chaired by President Serzh Sargsyan. The sitting featured
Armenian Prime Minister Tigran Sargsyan, members of government,
President of the Nagorno Karabakh Republic.

In 2009 the Fund launched activity in different directions -
healthcare, school-building, as well as reconstruction of a number
of water supply systems in Armenia and Nagorno Karabakh. Investors
increase year by year, Executive Director of the Hayastan Fund Ara
Vardanyan said.

Ara Vardanyan said to be satisfied with the results of 2009. "In
total about $16 mln was raised during the Telethon. About $10.5 mln
was allocated to the program of Shioushi revival, another $2 mln was
spent on implementation of other programs in Karabakh. The rest was
spent in Armenia.

"The activity of the Fund is of utmost importance for strengthening
and flourishing of the Nagorno Karabakh Republic, improving living
conditions and raising lining standards of our people," NKR President
Bako Sahakyan said at the sitting.

Noting that a number of projects have been implemented in Artsakh
with the support of the Hayastan Fund, NKR President said "there are
still numerous tasks to be fulfilled."

"Two hundred villages out of 323 existing in Artsakh face sharp
shortage of drinking water and need urgent solutions. Serious problems
exist in Stepanakert and in the regional centers where more than half
of the republic's population lives. This program is quite expensive.

Only in the capital the construction of new water supply objects and
restoration of the operating ones require 6.5 billion dram. It is
obvious that the problem of water supply in Artsakh can be solved
exclusively by means of our joint efforts."

Taking into consideration the significance of this strategic program,
the President proposed to discuss inclusion of water supply issue that
has vital importance for Artsakh into the framework of "Telethon-2010."