Armenia to receive resources from EurAsEC to recover economy
Armenia is interested in resources of EurAsEC anti-crisis Foundation for implementation of economic projects, RA prime minister Tigran Sarkisyan said today at the government sitting.
According to prime minister, $10 billion will be accumulated in the Foundation and Armenia should use this opportunity to attract additional financing. The problem is in absence of good projects to submit to EurAsEC anti-crisis Foundation for financing, Tigran Sargsyan said.
An interdepartmental working group was established by prime minister's decision, which discusses the possible projects and two programs in energy and chemistry have been already submitted.
The EurAsEC anti-crisis fund will amount $10 billion. Russia will contribute $7.5 billion, Kazakhstan will allocate $1 billion, the rest $1.5 will be allocated by other members. Kyrgyzstan, Tajikistan and Armenia are pledged to contribute $1 million each.
According to prime minister, $10 billion will be accumulated in the Foundation and Armenia should use this opportunity to attract additional financing. The problem is in absence of good projects to submit to EurAsEC anti-crisis Foundation for financing, Tigran Sargsyan said.
An interdepartmental working group was established by prime minister's decision, which discusses the possible projects and two programs in energy and chemistry have been already submitted.
The EurAsEC anti-crisis fund will amount $10 billion. Russia will contribute $7.5 billion, Kazakhstan will allocate $1 billion, the rest $1.5 will be allocated by other members. Kyrgyzstan, Tajikistan and Armenia are pledged to contribute $1 million each.
