  Mark Lewis: RA government able to secure state debt serviceMay 19, 2010 - 19:09 AMT PanARMENIAN.Net - 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.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty  Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza.Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations.Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |
