// IP Marketing video - START// IP Marketing video - END

Armenia negotiating USD 2 bln loan agreement with Russia – paper

Armenia negotiating USD 2 bln loan agreement with Russia – paper

PanARMENIAN.Net - According to 168 Zham daily, ex-Foreign Minister Vartan Oskanian stated a month ago that Armenia was negotiating a loan agreement at the amount of USD 1 bln with Russia.

Meanwhile, sources said the amount of the loans negotiated totaled USD 2 bln.

Deputy Minister of Finance Vardan Aramyan neither denied, nor confirmed the reports Aug. 22, noting that RA government is in constant search of ways to fill the budget deficit, the paper claims.

This incited disagreements within the ruling elite, with Prime Minister Tigran Sargsyan noting that the loan agreement will even further force Armenia into joining the Eurasian Union.

However, sources say President Serzh Sargsyan backs the idea, considering the possibility of the funds to shape better public attitude ahead of presidential elections, the paper says.

 Top stories
The ARFD said in the statement it has examined the political and social situation in Armenia and its strategic development priorities.
Passenger traffic grew by 26.1% in Yerevan’s Zvartnots airport and by 402.1% in Shirak airport in Yerevan in the reporting period.
Air temperature is expected to soar to 40 degrees Celsius (104 degrees Fahrenheit) between July 2 and July 6 in Yerevan, Armenia.
Many of those who have come to Armenia have found shelter with their relatives or friends, who basically belong to a lower class of society.
Partner news