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MEMBERSHIP FEE MUST BE PAID DURING 4 YEARS
Panorama
16:17 04/10/05
To become a member of the Asian Development Bank (ADB) Armenia must
pay 8 million and 951 thousand dollars during 4 years.
"43% of total amount must be paid by cash, and 57% the government must
pay by bonds", the International Financial Cooperation department of
MFE reported Panorama. am today.
The point is, that recently it's spread an information concerning to
the above mentioned membership, that our country is obliged to buy
10.557 stock shares of ADB. Let us remind you that ADB stock shares
overall comprise 3.509.728 stocks equivalent to 51.6 milliard dollars.
According to International Financial Cooperation department, 7.3% of
10. 557 stocks (that is 742 stocks) must be invested in the capital
of ADB. So our country must pay only for that stocks. /Panorama.am/
Panorama
16:17 04/10/05
To become a member of the Asian Development Bank (ADB) Armenia must
pay 8 million and 951 thousand dollars during 4 years.
"43% of total amount must be paid by cash, and 57% the government must
pay by bonds", the International Financial Cooperation department of
MFE reported Panorama. am today.
The point is, that recently it's spread an information concerning to
the above mentioned membership, that our country is obliged to buy
10.557 stock shares of ADB. Let us remind you that ADB stock shares
overall comprise 3.509.728 stocks equivalent to 51.6 milliard dollars.
According to International Financial Cooperation department, 7.3% of
10. 557 stocks (that is 742 stocks) must be invested in the capital
of ADB. So our country must pay only for that stocks. /Panorama.am/