May 19, 2010 - 19:09 AMT
Mark Lewis: RA government able to secure state debt service

Head of the IMF mission in Armenia Mark Lewis said that the Armenian government will definitely be able to secure state debt service.

Commenting on concerns expressed by IMF expert for South Caucasus and Middle Asia Veronica Bacalu that Armenia’s state debt has doubled during the crisis, Lewis said that currently Armenia’s state debt is stable.

“However, it will be necessary to attach importance to programs on funds attraction in future,” stressed Lewis.

According to him, the policy of funds attraction foresees presence of reliable programs, which will secure high profit and favorable conditions for crediting.