PanARMENIAN.Net

Amendments on granting stabilization loan to Armenia to be introduced
in Russian budget
28.02.2009 14:32 GMT+04:00

/PanARMENIAN.Net/ The bill on granting a $500 million loan to Armenia
will be brought to the Russian Duma floor in the near future, Russia’s
Prime Minister said.

`I hope the procedure will be carried out within shortest terms, since
it demands amendments in the state budget,’ Vladimir Putin said during
a meeting with Armenian PM Tigran Sargsyan.

Thanking his Russian counterpart, PM Sargsyan said that the aid will
mitigate the consequences of the global financial crisis.

`I am confident that these funds will also serve thousands of
enterprises functioning with Russian capital. We will create a
favorable macroeconomic atmosphere for them,’ he said.