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N. Yeritsian says the stabilization credits from Russia to be direct

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  • N. Yeritsian says the stabilization credits from Russia to be direct

    N. YERITSIAN SAYS THE STABILIZATION CREDITS FROM RUSSIA TO BE DIRECTED TOWARDS FORMATION OF INFRASTRUCTURES AND DEVELOPMENT OF PROGRAMS

    ARMENPRESS
    Feb 12, 2009

    YEREVAN, FEBRUARY 12, : The stabilization credits which will be
    received from Russia will be directed towards the main programs of
    Armenian government in the direction of which the executive body is
    already conducting works. They are mainly programs of formation of
    infrastructures and development of programs.

    Armenian Economy Minister Nerses Yeritsian told Armenpress that new
    programs and directions will also be worked out which will be known
    later, and that the whole process of expenditure of the credit means
    will be transparent.

    The minister avoided answering the question on the time of providing
    the credit means and noted that the circumstance of providing credit
    means must not be related to passing to "ruble joint zone" as it is
    circulated in the press during the latest periods.
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