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  • Government tries to get large loan

    Haykakan Zhamanak: Government tries to get large loan


    Haykakan Zhamanak' daily says that with the purpose of mitigating the
    impact of the deepening economic crisis, the Armenian government is
    trying to get a large loan from international financial institutions
    so as to implement a large-scale program.

    "According to some estimates, the program's cost will range from $800
    million to $1 billion. The matter concerns construction of several
    large facilities within 1 - 1.5 years. It will enable to create the
    maximum number of jobs and ensure orders for the capacities in
    service," the paper writes.


    24.01.15, 10:32
    http://www.aysor.am/en/news/2015/01/24/Haykakan-Zhamanak-Government-tries-to-get-large-loan/897747



    From: Emil Lazarian | Ararat NewsPress
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