Vardan Bostanjyan: there is nothing reprehensible in international loans usage![]() June 30, 2010 - 14:42 AMT PanARMENIAN.Net - Commenting on two loan agreements approved by the International Monetary Fund for Armenia, Member of Prosperous Armenia parliamentary group, Vice Chairman of the NA Committee on Economic Affairs Vardan Bostanjyan said that Armenia has little financial opportunities, so it’s natural that major projects are implemented at the expense of international loans, what is a dynamic process. According to him, as per the law, the budgeted deficit should not exceed 7.5%. "There is nothing reprehensible in usage ofinternational loans," Bostanjyan concluded.
![]() ![]() 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 | ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |