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Haykakan Zhamanak: Armenia's Government To Take Out New Loan From In

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  • Haykakan Zhamanak: Armenia's Government To Take Out New Loan From In

    HAYKAKAN ZHAMANAK: ARMENIA'S GOVERNMENT TO TAKE OUT NEW LOAN FROM INTERNATIONAL ORGANIZATIONS

    11:42 * 17.06.14

    Armenia's government plans to take out a new loan from international
    organizations to purchase a large consignment of cash registers.

    The government claims the cash registers are to be provided to
    different economic entities free of charge. Among the "beneficiaries"
    are shops in Armenia's borderline regions and other "small businesses."

    However, the government's initiative has aroused serious doubts.

    Experts say that the cash registers, each worth $50-$60, are going to
    be purchased from a Taiwanese company for $400 each. The cash registers
    are produced for Armenia, with the Cash Register Installation Office
    non-commercial organization importing them to Armenia.

    Interestingly, the organization's activities are a closely-guarded
    secret.

    Armenian News - Tert.am


    From: Baghdasarian
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