KARABAGH INCREASES GOVERNMENT FUNDS FOR BUSINESS DEVELOPMENT
Armenpress
STEPANAKERT, MAY 16, ARMENPRESS: Small and Medium-Sized Business
Support Center in Nagorno Karabagh, established by its government is
implementing a series of projects, including also release of privileged
loans to promote overall economic rise.
The 2005 budget has earmarked 800 million drams for development of
business, a striking rise from last year’s 200 million. Some 200
million drams are meant for wine-growing, cattle breeding and leasing
of agricultural machinery. Another 185 million will go to companies
manufacturing industrial goods
Disclaimer: This article was contributed and translated into English by Basmajian Ani. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2005/05/17/karabagh-increases-government-funds-for-business-development/