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Haykakan Zhamanak: Dilijan Financial Center Project To Entail Extra

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  • Haykakan Zhamanak: Dilijan Financial Center Project To Entail Extra

    HAYKAKAN ZHAMANAK: DILIJAN FINANCIAL CENTER PROJECT TO ENTAIL EXTRA COSTS

    10:00 ~U 17.01.14

    The Central Bank of Armenia (CBA) is planning development activities
    worth 3.1 billion Armenian Drams (approx $7,500,000) as part of its
    efforts to make the resort town of Dilijan a universal financial
    center.

    The development work is planned on the territory of the Dilijan
    Education-Research Center, an institution whose construction the paper
    says cost the CBA tens of billions of Drams in the past three years

    The paper notes that after Armenia's accession to the Russian-led
    Eurasian Customs Union, the country will be forced to introduce the
    United Eurasian Currency, a move which it says would make the CBA's
    existence absolutely senseless.

    Armenian News - Tert.am

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