Additional Funds To Go For Credit Repayments of Cos in Irrigation

ADDITIONAL FUNDS TO BE ALLOCATED FOR CREDIT REPAYMENTS OF COMPANIES
EXPLOITING IRRIGATION SYSTEMS

YEREVAN, August 27 (Noyan Tapan). The decision on the attraction of
additional funds with the purpose of the offsetting of the debts of
companies exploiting irrigation systems was made during the August
26sitting of the RA government. The RA government’s press service
reported Noyan Tapan News Agency about it. As the management
functions of the “ArmWaterCanal” CJSC are transferred to the asset
management and the works foreseen by the “Purchase and Distribution of
Water-Gauges for Tenement Houses” program will be carried out by the
latter, it was decided to direct the sums expected for this purpose at
the credit repayments (including prepayments) of the companies
exploiting the irrigation systems.