Armenia’s foreign debt records decrease tendency, says PM

10:14,

YEREVAN, SEPTEMBER 11, ARMENPRESS. For the first time since 2015, a tendency of decrease of the foreign debt has been recorded in Armenia in August 2019, Prime Minister Nikol Pashinyan said on Facebook.

“Of course, the decrease of the state debt is not an end in itself, but this is the result of our concrete task to spend the state funds effectively.

This, of course, somehow slows down the pace of capital expenditures because the system is used to working with other, famous rules.

But this is definitely a right path: not to allow to waste state funds on low-quality constructions and kickbacks”, the PM said.

Edited and translated by Aneta Harutyunyan

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS