In 2008, The Armenian Government Will Present To The Parliament A Nu

IN 2008, THE ARMENIAN GOVERNMENT WILL PRESENT TO THE PARLIAMENT A NUMBER OF DRAFT LAWS, DIRECTED TO DEEPENING OF FINANCIAL MEDIATION

Mediamax News Agency, Armenia
Nov 13 2007

Yerevan, November 13 /Mediamax/. Armenian Prime Minister Serzh
Sarkisian stated in Yerevan today that "the financial system of
Armenia has real potential for becoming the regional financial center".

Mediamax reports that the Prime Minister said this, presenting in
the parliament the draft state budget of Armenia for 2008.

"Our cooperation with the Stockholm Exchange gives grounds for
making such a statement", the Prime Minister stated, noting that
"the realization of a joint program will provide serious perquisites
for reaching the goal set".

Serzh Sarkisian stated that in 2008, the government will present to
the parliament a number of draft laws, directed to the establishment
of auspicious atmosphere for deepening the financial mediation. The
draft laws, in particular, will concern the credit bureaus, mortgage
securities, as well as the protection of consumer rights.