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ARMENIA'S AUTHORITIES MUST NOT BE GIVEN GRANTS, LOANS - ANC REP
17:40 28.08.13
Vahagn Khachatryan, a member of the Armenian National Congress (ANC)
party, believes that Armenia's authorities must never be given loans
or grants.
"I cannot cite any percents, but all that we see around us - road
construction, renovation of theaters or any other programs - are not
effective," Khachatryan told Tert.am.
According to the Chorrord Ishkhanutyun newspaper, Armenian President
Serzh Sargsyan has asked the prime minister to introduce justifications
of a grant application worth over ~@1 billion at an upcoming European
donor meeting.
Asked about Armenia's foreign debt, Khachatryan said that it is equal
to Armenia's GDP.
Armenian News - Tert.am
17:40 28.08.13
Vahagn Khachatryan, a member of the Armenian National Congress (ANC)
party, believes that Armenia's authorities must never be given loans
or grants.
"I cannot cite any percents, but all that we see around us - road
construction, renovation of theaters or any other programs - are not
effective," Khachatryan told Tert.am.
According to the Chorrord Ishkhanutyun newspaper, Armenian President
Serzh Sargsyan has asked the prime minister to introduce justifications
of a grant application worth over ~@1 billion at an upcoming European
donor meeting.
Asked about Armenia's foreign debt, Khachatryan said that it is equal
to Armenia's GDP.
Armenian News - Tert.am