3.6 Billion Loan For Nagorno Karabakh

3.6 BILLION LOAN FOR NAGORNO KARABAKH

Panorama.am
20:17 31/03/2008

>From the state budget of 2008 January-February 2.1 billion drams were
provided for the state debt service. The information is provided by
the press department of the ministry of finance and economy.

According to the source the current amount forms the 78.6% of the
three-month project of the Government.

Particularly 1.7 billion drams were disposed for the inner and 415
million drams for the external debts.

Compared with the same period in the last year this figure increased
by 2.2 times.

In January-February 2008 3.6 billion drams loan was disposed for the
NKR. This figure is by 25.4% high than the last year.

For the external expenses approximately 1.1 billion drams were
disposed and 871.3 million to the World Bank and 188.6 million to
the USA merchandise loan.