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Amendments on granting loan to Armenia to be introduced in RF budget

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  • Amendments on granting loan to Armenia to be introduced in RF budget

    PanARMENIAN.Net

    Amendments on granting stabilization loan to Armenia to be introduced
    in Russian budget
    28.02.2009 14:32 GMT+04:00

    /PanARMENIAN.Net/ The bill on granting a $500 million loan to Armenia
    will be brought to the Russian Duma floor in the near future, Russia's
    Prime Minister said.

    `I hope the procedure will be carried out within shortest terms, since
    it demands amendments in the state budget,' Vladimir Putin said during
    a meeting with Armenian PM Tigran Sargsyan.

    Thanking his Russian counterpart, PM Sargsyan said that the aid will
    mitigate the consequences of the global financial crisis.

    `I am confident that these funds will also serve thousands of
    enterprises functioning with Russian capital. We will create a
    favorable macroeconomic atmosphere for them,' he said.
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