IN 2007 RA TO EXTEND INTERSTATE CREDIT TO NKR IN THE AMOUNT OF 19, 5 MILLIARDS DRAMS
DeFacto Agency, Armenia
Nov 30 2006
In 2007 Armenia will extend interstate credit in the amount of 19
milliards 402 millions drams, which makes 4, 4% of Armenia’s state
budget, Head of the Permanent Commission on the NKR Parliament’s
Financial and Budget Issues Benik Bakhshiyan told KarabakhOpen.
Speaking of the outcomes of Armenia – NKR Interparliamentary
Cooperation Commission’s sitting, Benik Bakhshiyan noted top priority
had been given to the issues referring to economic cooperation.
According to the Karabakh MP, taking into consideration the fact
that during the war Karabakh’s economy had sustained considerable
casualties, the Karabakh delegation stated necessity to increase
the amount of interstate credit extended by RA to Karabakh. In his
words, RA MPs showed understanding to the reasons; however, they
added currently Armenia could not afford increasing the interstate
credit’s amount.