NCFA approves action plan for 2011

NCFA approves action plan for 2011
January 22, 2011 - 14:27 AMT

PanARMENIAN.Net - The National Competitiveness Foundation of Armenia (NCFA) approved the action plan for 2011 during its 18th meeting in the RA government.

As NCFA Chief Executive Officer Pegor Papazian told a briefing after the meeting, education will be a priority simultaneously with the implementation of the current programs.

“The budget will exceed that of 2010. It will consists of two components: current expenses and target financing of each project, specifically the Tatev Revival Project, the budget of which totaled $20mln in 2010 and will be increased by several millions in 2011. Additional 3 mln euro will be allocated for the development of nuclear medicine,” he said.

The amount of funds for educational programs financing has not been determined yet.

 Top stories
Armenia dismisses Turkey’s demand to shut down nuclear plant as “inappropriate”Armenia dismisses Turkey’s demand to shut down nuclear plant as “inappropriate”
Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”.
Armenia to loan AMD 2.9 billion to KarabakhArmenia to loan AMD 2.9 billion to Karabakh
Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision.
Azerbaijan opposes Armenia’s plans to build new metallurgical plantAzerbaijan opposes Armenia’s plans to build new metallurgical plant
The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision.
Armenia attracts record amount of foreign direct investments, says MinisterArmenia attracts record amount of foreign direct investments, says Minister
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
 Articles
4 rules for business success

An ultimate guide

 Most popular in the section
Armenia's international reserves grew by 8.9% in 2022
IDBank to participate in Career City Fest 2023
Armenia-Iran trade grew 45% in January-October – official
Shell already in Armenia: First fuel stations put into operation
Home
All news
Overview: Economy
Archive for January 22, 2011
Other news in this section
 Latest news
Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28.
Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia.
Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports.
Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation.
---