Construction Funded By Armenia Foundation Has Dropped

CONSTRUCTION FUNDED BY ARMENIA FOUNDATION HAS DROPPED

KarabakhOpen
27-05-2008 11:46:56

In the first three months of 2008 the value of construction was 2386.7
million drams which is down by 34 percent from last year.

According to the head if the National Statistics Service Manushak
Minasyan, the number of buildings built by Armenia Foundation and
the state budget (49.9 percent) has dropped by 89 percent.

On the whole, construction in Karabakh began later than usual. In
this connection, President Bako Sahakyan voiced dissatisfaction.