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Armenian State Budget Allocates $122,636 For Tourism Development

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  • Armenian State Budget Allocates $122,636 For Tourism Development

    ARMENIAN STATE BUDGET ALLOCATES $122,636 FOR TOURISM DEVELOPMENT

    news.am
    November 06, 2012 | 12:18

    YEREVAN. - AMD 50 million (approx. $122,636 )-which is the same as in
    the year past-will be allocated from Armenia's 2013 State Budget to
    assist the country's tourism sector, Economy Minister Tigran Davtyan
    stated during Tuesday's budget discussions at the National Assembly.

    "These are not large amounts, but the sector is growing as normal,
    with 10-12 percent per year, which is greater than the average economic
    growth," Davtyan said.

    Also, the Economy Minister disagreed with opposition MP and former PM
    Hrant Bagratyan's remark that the number of tourists who are visiting
    Armenia is declining.


    From: Baghdasarian
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