June 15, 2011 - 19:42 AMT
VivaCell-MTS allocates AMD 25 million to support Armenian farmers

Mobile TeleSystems OJSC subsidiary VivaCell-MTS allocated AMD 25 million to support Armavir region's farmers to overcome consequences of hard hails and rainfalls.

The sphere of agriculture was named the top priority of the country’s economy and one of the major factors in GDP growth. Frequent rainfalls and hails in May-June caused serious damage to farms in a number of villages in Armenia, primarily in Armavir and Aragatsotn. As a result, farmers are at risk of losing their harvest and staying without revenue.

In order to mitigate the consequences of the hail and support the most affected farmers, the Ministry of Agriculture requested the Union of Businessmen, IT-enterprises, banks and private entrepreneurs for help; VivaCell-MTS was the first to respond to the call, rendering AMD 25 million assistance to the Agriculture and Village Assistance Fund functioning under the Ministry of Agriculture.

The means allocated were used by the Ministry of Agriculture to buy seeds of orchard crops. Starting Monday, the Ministry has been distributing them to farmers who have suffered most as a result of recent hails.