17 Billion Drams To Small And Average Business

17 BILLION DRAMS TO SMALL AND AVERAGE BUSINESS

Panorama.am
18:12 20/11/2008

During Government session the financing project of credit program
to small and average business has been confirmed. The Minister of
Finance Tigran Davtyan said that the project could contribute to meet
the possible impact of financial crisis. According to the project 17
billion AMD will be disposed to German Armenian foundation to provide
credits to small and average business.

The Prime Minister Tigran Sargsyan mentioned that the current project
is an important step to meet the financial crisis. "1000 companies will
received those credits and create working places," said Prime Minister.