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RA Government To Increase Financing Of IT Field In 2011

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  • RA Government To Increase Financing Of IT Field In 2011

    RA GOVERNMENT TO INCREASE FINANCING OF IT FIELD IN 2011

    PanARMENIAN.Net
    September 9, 2010 - 17:31 AMT 12:31 GMT

    Head of High and Information Technologies Department at the RA Ministry
    of Economy Vache Kirakosyan said that the Armenian government will
    increase financing of the IT field in 2011.

    The drop in funds for IT development in 2010 - from AMD 200mln to AMD
    80mln - was reasoned by general reductions in the budget with respect
    to the global economic crisis, Kirakosyan told a PanARMENIAN.Net
    reporter.

    Besides, according to him, a huge sum was allocated for the
    construction of a technology park in Gyumri.

    "The total amount of state financing made AMD 280mln in 2010, taking
    into consideration the funds allocated for the technology park in
    Gyumri," said Vache Kirakosyan.




    From: A. Papazian
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