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$24mln credit program for IT field dev to be submitted to parliament

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  • $24mln credit program for IT field dev to be submitted to parliament

    $24mln credit program for IT field development to be submitted to RA parliament


    April 2, 2011 - 14:28 AMT 09:28 GMT
    PanARMENIAN.Net -

    Armenian Minister of Economy Tigran Davtyan said the Armenian
    government will submit to the Armenian parliament a new credit program
    at the amount of USD 24mln for the development of IT field.

    On April 2, Davtyan told journalists that problems of structural
    nature and the field development were raised during a working lunch of
    Armenian President Serzh Sargsyan and representatives of the Union of
    Information Technology Enterprises (UITE).

    According to the Minister, problems of the development of IT field
    have been in the focus of Sargsyan's attention, as the field is a
    relative advantage of Armenia's development.

    `The field, which is declared to be priority, naturally, demands also
    a special approach from the perspective of its development,' Davtyan
    said, adding that the government has been applying a similar approach
    to the field for the past years, providing organizational, managerial
    and financial assistance.

    The World Bank also provided assistance to the field.




    From: A. Papazian
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