TIGRAN SARGSYAN: ARMENIA IS PREPARED FOR THE YEAR 2010

/PanARMENIAN.Net/
25.12.2009 18:19 GMT+04:00

/PanARMENIAN.Net/ Armenia is ready to resist the second wave of crisis,
RA Prime Minister Tigran Sargsyan stated, summing up 2009 results.

Yet, as Tigrah Sargsyan noted: "The depth of the crisis can’t be
assessed or the time for the second wave forecasted. Still, we have
to be ready to face it."

According to him, Armenia is prepared for the year 2010. "With a
balance of AMD 80 billion, stabilization fund of AMD 54 billion and
EU financial assistance of USD 100 million we have enough resource to
provide macroeconomic stability and face new challenges," he stressed.

Armenia, being a solvent state, will be able to receive additional
assistance of donor organizations, as the country’s macroeconomic
policy is highly assessed by international structures.