Interfax, Russia
Jan 23 2009
Armenia has asked Russia for a stabilization loan to mitigate the
consequences of the financial crisis, the Armenian Finance Ministry
told
"Armenia is conducting negotiations with Russia, the World Bank, the
Asian Development Bank, and the European Bank for Reconstruction and
Development on a stabilization loan," Armenian Finance Minister Tigran
Davtyan was quoted as saying by the ministry’s press service.
"We have asked our main financial and technical partners for more
foreign aid to be ready to deal with the possible consequences of the
financial crisis," said Davtyan.
The press service would not give the amount and conditions of the
loan, saying the negotiations are still in progress.
On Thursday, Russian Finance Minister Alexei Kudrin said Armenia had
asked Russia for a stabilization loan to deal with the consequences of
the global financial crisis. "Negotiations are now being conducted on
the matter," he said.
An Armenian delegation is currently conducting negotiations in Moscow
on the provision of financial assistance to assist Armenia during
financial crisis, Armenian Central Bank Chairman Artur Dzhavadyan told
reporters on Friday.
"The Armenian delegation is in negotiations in Moscow on the provision
of financial assistance. Armenia’s request is currently being
considered," said Dzhavadyan.
Dzhavadyan would not specify what amount is being discussed.
"Information will be available after the meetings and negotiations are
over," he said.
From: Emil Lazarian | Ararat NewsPress
