  Tigran Sargsyan: GDP/external foreign debt index totaled 26% by end of 2009 May 22, 2010 - 15:51 AMT PanARMENIAN.Net - Armenian Prime Minister Tigran Sargsyan said that the Armenian government has managed to receive credit funds from donor organizations to implement anti-crisis programs. Presenting the annual report on the state budget fulfillment in 2009, the Prime Minister said that the World Bank Armenia allocated $350mln in 2009. Meanwhile, $500mln was invested in Armenia's economy through the International Monetary Fund. Besides, $80mln was received from the Asian Development Bank as a budgetary assistance. An agreement was reached with the European Union on provision of a budgetary assistance at the amount of 100mln euros. In addition, $500mln was attracted from Russia to finance anti-crisis events. "Thus, the GDP/foreign state debt index totaled 36% by the end of 2009 against 13.2% in 2008. Meanwhile, it provided with the opportunity to implement business cycle policy of the Armenian government," Mr. Sargsyan said.   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 Government reveals details from Pashinyan’s meeting in border village  Prime Minister Nikol Pashinyan has met with a group of residents of a border village in Armenia’s northern Tavush provinceNarek 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. |
