$2 Billion AMD For Reconstruction Of The Earthquake Zone

$2 BILLION AMD FOR RECONSTRUCTION OF THE EARTHQUAKE ZONE
Hasmik Dilanyan

"Radiolur"
19.03.2009 13:01

The government today reconfirmed its decision that no new TV and
radio frequencies will be provided to any company by January 20,
2010. Deputy Minister of Economy Vahe Danielyan said the objective
is to ensure an equal field for all companies.

At the suggestion of the Minister of Finance, Tigran Davtyan,
the Government decided to allocate 2 billion drams to the Ministry
of Urban Development for the purpose of reconstructionion of the
earthquake zone.

Prime Minister Tigran Sargsyan informed members of government that
according to an agreement with the World Bank, within the coming two
weeks the Central bank of Armenia will received a $50 mln credit
and will provide it to small and medium-sized businesses through
trade banks.