  RA budgeted deficit not to exceed 7.5%September 9, 2009 - 14:36 AMT PanARMENIAN.Net - Budgeted deficit not to exceed 7.5% in Armenia, according to IMF forecast."Six months ago the Armenian government was concerned over the deficit index, since the volume of tax flows has considerably reduced. This led to arrears in wage and pension payment," said Ms. Nienke Oomes, IMF Resident Representative in Armenia. "Nevertheless, successful talks between the Armenian government and international structures allowed financing budgeted deficit in 2009. At that, IMF will allocate $155 million, World Bank - $60 million and ADB - $80 million," she 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 |  Related sections Latest news Viva-MTS: Tech solutions to modernize infrastructure of border village  The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015.Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents.“By Your Side”: IDBank's new support program for displaced Artsakh citizens IDBank is launching a long-term social support program for forcibly displaced Artsakh residents.The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. |
