$70mln to be provided to Tajikistan from EurAsEC Anti-Crisis FundJune 18, 2010 - 17:35 AMT PanARMENIAN.Net - During the June 18 meeting in Saint Petersburg, the Board of the Anti-Crisis Fund (ACF) of EurAsEC consisting of finance ministers of the Fund’s member-states – Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Armenia – decided to provide $70mln credit to Tajikistan at 1% fixed interest rate, with 20-year term. The decision was adopted after consideration and approval of conclusion of the Eurasian Development Bank on Tajikistan’s application for the obtainment of the aforementioned financial (stabilization) credit from the ACF funds, the press service of the Eurasian Development Bank told PanARMENIAN.Net The credit basically aims to keep the budgetary financing of social sectors (education, healthcare and social protection) at the envisaged level. 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 | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |