ARMENIA TO ATTRACT EURASEC FUNDS

Information-Analytic Agency NEWS.am
Aug 24 2009

Armenia intends to attract the capital from EurAsEC Anti-Crisis Funds
to finance industry, infrastructures and information technologies
fields, Banks.am reports referring to the RA Deputy Finance Minister
Vardan Aramyan, that head the workgroup at RA Government for attraction
of funds from EurAsEC Anti-Crisis fund.

Aramyan said the workgroup cooperates with the departments and
ministries to elaborate a program that would be presented to
anti-crisis fund in fall this year. EurAsEC funds will total about
U.S. $10bln.

However, the Deputy Minister did not specify the amount Armenia
would procure.