Armenian Government Will Pay Off Its Debts (In Case You Were Wonderi

ARMENIAN GOVERNMENT WILL PAY OFF ITS DEBTS (IN CASE YOU WERE WONDERING)

Tert.am
14:10 ~U 18.03.10

The Government of Armenia will pay off its debts to trade banks, Prime
Minister of Armenia Tigran Sargsyan said at government session today.

The government today ruled to allocate 270 million AMD from the
country’s deposit fund to the State Revenue Committee to pay off its
debts to trade banks that it had accumulated due to the monthly state
lottery draw of receipts from point-of-sale machines and the payments
of those cash prizes during 2009.

According to RA Finance Minister Tigran Davtyan, with this ruling,
the government discharges its debts in full.

The Armenian prime minister, in turn, mentioned that this decision is
being made belatedly and that the complaints by the banks, who say
that the government isn’t fulfilling its obligations, are, in fact,
quite to the point.

From: Emil Lazarian | Ararat NewsPress

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