Announcement

Collapse
No announcement yet.

In 2007 Armenia Will Give Nagorno-Karabakh 19.4 Bln AMD Budgetary Cr

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • In 2007 Armenia Will Give Nagorno-Karabakh 19.4 Bln AMD Budgetary Cr

    IN 2007 ARMENIA WILL GIVE NAGORNO-KARABAKH 19.4 BLN AMD BUDGETARY CREDIT

    ArmInfo News Agency, Armenia
    Nov 6 2006

    In 2007 Armenia will give Nagorno-Karabakh 19.4 bln AMD budgetary
    credit.

    Today, at budget hearings in the Armenian Parliament, Deputy Minister
    of Finances and Economy of Armenia Pavel Safaryan said that since
    1997 Armenia has been giving budgetary credit to Nagorno-Karabakh in
    compliance with the scheme agreed with Stepanakert beforehand.

    According to this scheme, expenses for defense sphere, membership
    fees to international organizations, and expenses for repayment of
    foreign credit debts are deducted from the total budget of Armenia.

    The 4.4% of the amount left is sent to Nagorno-Karabakh as a budgetary
    credit.
Working...
X