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"Armenia" Foundation - All projects conducted

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  • "Armenia" Foundation - All projects conducted

    Panorama.am

    17:29 27/05/2008

    -ARMENIA- FOUNDATION - ALL PROJECTS CONDUCTED

    -Last year more than 22mln dollars were transferred to
    foundation budget and 11mln of it was disposed to
    Nagorno Karabakh for the ongoing and new life called
    projects. All the projects are ongoing ones and I have
    reported that because of the foreign currency and
    construction materials price changes we did not have
    any other choice but to stop several projects
    implementation,- said Vahe Aghabekyans the director of
    -Armenia- foundation in the session of board of
    trustees.

    V. Aghabekyan recommended the board of trustees to
    form a labor group which will research the market in
    three months period and prepare a package of
    proposals. -The foundation is rather skillful and
    experienced institution, and it needs to be modernized
    in order the new challenges are met,- he said.



    Source: Panorama.am
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