Announcement

Collapse
No announcement yet.

Russian Loan To Armenia In Half Way

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

  • Russian Loan To Armenia In Half Way

    RUSSIAN LOAN TO ARMENIA IN HALF WAY

    Panorama.am
    14:09 26/03/2009

    500 million stability loan provided by Russia to Armenia will most
    probably reach our country in the end of May or in the beginning of
    June, Irina Ayvazyan, the press secretary of the Ministry of Finance
    told Panorama.am.

    The stability loan has a special mission to contribute to overcome
    the impact of the world financial crisis.

    It is important to remind that the Prime Ministers of Russia and
    Armenia have agreed in Moscow, on 27 February the conditions of
    providing the loan. The Prime Minister of Russia Vladimir Putin
    announced that it was important first to have the changed state
    budget confirmed by the State Duma in order they could continue the
    negotiations.

    According to I. Ayvazyan the budget should be confirmed in April and
    in May or June they will sign the contract of providing it.
Working...
X