250 MILLION DRAMS ALLOCATED TO TOURISM SECTOR FROM 2007 STATE BUDGET OF ARMENIA

Noyan Tapan
Apr 11 2007

YEREVAN, APRIL 11, NOYAN TAPAN. 250 mln drams (about 687 thousand
USD) has been allocated to the tourism sector from the 2007 RA state
budget. 180 mln drams of this sum will be spent on demonstration
of two commercials about Armenia on CNN and Euronews. Head of the
Tourism Department of the RA Ministry of Trade and Economic Development
Mekhak Apresian stated this on April 11 at the 4th two-day conference
dedicated to problems of competitiveness of Armenian tourism.

According to him, 70 mln drams against 35 mln drams in 2006 has been
allocated to the Armenian Tourism Development Agency (ATDA) this
year. "This money will be used to implement many programs in Armenia
and to ensure ATDA’a participation in several famous international
tourism events abroad," M. Apresian said.

It was noted that 270 mln drams (about 742 thousand USD) was allocated
to the tourism sector by the 2006 state budget. 21 mln drams of this
sum was spent on making two commercials about Armenia, and 139 mln
drams – to show these commercials on CNN.