TOURISM DEVELOPMENT CONCEPT PAPER TO BE READY BY LATE THIS YEAR

Panorama.am
15:25 02/11/2007

Armenian tourism concept paper will be ready by late this
year. Minister of trade and economic development, Nerses Yeritsyan,
told a parliamentary budget hearing, that 250 million dram will be
allocated from budget 2008 to the development of tourism.

Within the framework of the allocation, two programs will be
implemented – "Tourism Development Program" with 80 million drams
allocation and a "Tourist center in Tsaghkadzor" with 170 million
drams of allocation.

Yeritsyan also said that 170 million will be provided for promotional
ads. Some 100 million will be transferred to CNN and 70 million to
Euro news.