PRIME MINISTER OF ARMENIA: ARMENIA COUNTS ON RECEIVING BIG FINANCING FROM EURASEC ANTI-CRISIS FOUNDATION

ArmInfo
2009-07-02 14:51:00

Armenia is interested in receipt of financing from EurAsEC anti-crisis
Foundation for implementation of big economic projects, Prime Minister
of Armenia Tigran Sarkisyan said at Thursday government session.

He said $10 bln will be accumulated in the Foundation and ‘Armenia
should use an exclusive opportunity to attract additional financing for
implementation of big projects. The problem is in absence of finished
projects which may be submitted to the Fund for financing, the PM said.

According to him, two programs in energy and chemistry have been still
submitted, that is insufficient. An interdepartmental working group
has been created by prime minister’s decision, which will discuss
the projects required for Armenia. ‘Afterwards, we shall apply to the
specialized organizations for preparation of business-proposals and
their submission to the Fund, and the sooner it happens, the better’,
T. Sarkisyan said.

Earlier is was informed that Russia’s contribution in EurAsEC
anti-crisis Foundation will make up $7,5 bln, Kazakhstan – $1 bln,
Kyrgyzstan – $1 mln, Tajikistan – $1 mln and Armenia – $1 mln.