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| 13:50:16 | 02-05-2005 | Social |

«LINS» FUND IS OUR HOPE

Although the Kievyan brigde is being reconstructed, the tram
lines which are no longer used will not be deconstructed. «We have
calculatied that if the lines are deconstructed, 2.5 times more money
is needed for reconstructing that part of the street than the money
gained from the selling of the metal. That is, it is not profitable,
and we need investments. We hope that the «Lins» fund will allot
money», Yervand Zakharyan, the Yerevan mayor brought these reasons
for not deconstructing the tram lines.

The mayor noted that by the 2005 social-economical activity program
of the municipality and the communities, in the first 3-month
period works of 10009.636 million dram were envisaged, and works of
10030.369 million drams have been done, that is ~V 100.21% of what
was envisaged. The main sources of finance were «the state budget,
the social security payments and other sources».

Without detailing the «other sources», the mayor mentioned that
in the 2005 first 3-month period the community profits have been
fulfilled by 85% which, according to Yervand Zakharyan, has been
improved for 1.2% as compaired to last year.

–Boundary_(ID_ylNPEJLknF3k3LX6RhGRpA)–