ARMENIAN PREMIER: ARMENIA IS GOING TO PREPARE SERIOUS INVESTMENT PROGRAMMES WHICH WILL INTEREST EURASEC COUNTRIES
Arminfo
2009-06-10 18:16:00
ArmInfo. Armenian government along with its partners should prepare
serious investment programmes of mutual interest, and is going
to submit it to the Anti-crisis Fund to get financing, Armenian
Prime Minister Tigran Sarkisyan replied to ArmInfo correspondent’s
question and added the programmes should be of the regional nature
as well. EurAsEC Economic Policy Council has adopted an anti-crisis
action plan and set up an Anti-crisis Fund, the authorized capital of
which is $10 mln. EurAsEC member states coordinated their aggregate
contribution to the EurAsEC anti-crisis. Russia will contribute USD
7.5 billion, Kazakhstan will allocate $1 billion, the rest USD 1.5
will be allocated by other members.
Kyrgyzstan, Tajikistan and Armenia are pledged to contribute USD1
million each. The fund will start working in three month, as soon
as the relevant agreement is ratified. "This means that the given
institution is formed for us to prepare the relevant programmes on the
governmental level", – Armenian premier said. He also added that at the
initial stage the countries have to give 10% of their allocation. "For
the rest 90% we shall be able to issue securities or bonds, and in
this way we shall prove Armenia’s responsibility for implementation
of this payment", – Sarkisyan said and added that financing will be
implemented on the basis of repayment, financial solvency and risks
assessment principles. "From this point of view Russia is also an
interested party as the funds allocated by Russia will not lose,
on the contrary, they will be provided with earning capacity. On the
other hand, economical potential will be extended and opportunities
for economical development created",- Sarkisyan assured.
At the same time, Armenian premier said that according to the
regulations, the Council will adopt decisions by simple majority
of votes, but the decisions regarding the financial problems
and obligations the Fund will adopt according to the volume of
allocations of the member-states of the Fund. Sarkisyan also said that
the programmes about turning Armenia into the regional financial,
tourist and healthcare centre within the frames of the Anti-crisis
Fund will get new stimulus. "These financial resources may also be
used for development of the given programmes. It is clear if we have
programmes at the regional level, this creates opportunities for our
partners as well, to make use services of these centres", – Armenian
premier emphasized.