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3 Billion Drams For Paying External Debts

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  • 3 Billion Drams For Paying External Debts

    3 BILLION DRAMS FOR PAYING EXTERNAL DEBTS

    Panorama.am
    15:27 25/08/2008

    Nearly 3 billion drams were assigned for paying external debts
    during first seven months of 2008. According to the Ministry of
    Finance, 2.3 milliard drams were assigned for debts on World Bank
    support programs, 374.2 million drams were allocated to pay the US
    commodity credits, 272.2 mln. drams were to disburse the debts for
    International Agriculture fund programs and 17.1 mln. drams for AEP
    "dry energy maintenance" France supported program debts.

    Ministry of Finance also reports that from RA state budget was
    made an assignment of 15.1 billion drams for NKR in January-July
    period. This transfer has already excelled the previous year's result
    for 31.1%. Also 28.8 million drams came from external financial
    sources giving credit to Georgia.
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