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3.6 Billion Loan For Nagorno Karabakh

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  • 3.6 Billion Loan For Nagorno Karabakh

    3.6 BILLION LOAN FOR NAGORNO KARABAKH

    Panorama.am
    20:17 31/03/2008

    >From the state budget of 2008 January-February 2.1 billion drams were
    provided for the state debt service. The information is provided by
    the press department of the ministry of finance and economy.

    According to the source the current amount forms the 78.6% of the
    three-month project of the Government.

    Particularly 1.7 billion drams were disposed for the inner and 415
    million drams for the external debts.

    Compared with the same period in the last year this figure increased
    by 2.2 times.

    In January-February 2008 3.6 billion drams loan was disposed for the
    NKR. This figure is by 25.4% high than the last year.

    For the external expenses approximately 1.1 billion drams were
    disposed and 871.3 million to the World Bank and 188.6 million to
    the USA merchandise loan.
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