ARMENIA’S FINANCE MINISTER ATTENDS THE SITTING OF THE EURASEC ANTI-CRISIS FUND

armradio.am
21.12.2009 10:35

The Minister of Finance of Armenia will participate in the sitting
of the first sitting of the Anti-crisis Fund of the Eurasian Economic
Community (EurAsEC) today.

The Heads of Government of the EurAsEC member states signed the
agreement on establishment of the Anti-crisis Fund of the Eurasian
Economic Community in Moscow on June 9.

The charter capital of the anti-crisis fund will be $10 billion.

Russia will inject $7.5 billion into the fund. Other countries,
including Armenia, will invest $1 million. Armenia transferred 10 of
the sum on December 17.

During today’s sitting the participants are expected to discuss
and adopt a number of documents related to the Fund’s activity in
2010. In particular, they will approve the charter and staff of the
Expert Council of the Fund.

From: Emil Lazarian | Ararat NewsPress