MARK LEWIS: RA GOVERNMENT ABLE TO SECURE STATE DEBT SERVICE

PanARMENIAN.Net
May 19, 2010 – 19:09 AMT 14:09 GMT

Head of the IMF mission in Armenia Mark Lewis said that the Armenian
government will definitely be able to secure state debt service.

Commenting on concerns expressed by IMF expert for South Caucasus and
Middle Asia Veronica Bacalu that Armenia’s state debt has doubled
during the crisis, Lewis said that currently Armenia’s state debt
is stable.

"However, it will be necessary to attach importance to programs on
funds attraction in future," stressed Lewis.

According to him, the policy of funds attraction foresees presence
of reliable programs, which will secure high profit and favorable
conditions for crediting.