Haykakan Zhamanak: Government tries to get large loan

Haykakan Zhamanak’ daily says that with the purpose of mitigating the
impact of the deepening economic crisis, the Armenian government is
trying to get a large loan from international financial institutions
so as to implement a large-scale program.

“According to some estimates, the program’s cost will range from $800
million to $1 billion. The matter concerns construction of several
large facilities within 1 – 1.5 years. It will enable to create the
maximum number of jobs and ensure orders for the capacities in
service,” the paper writes.

24.01.15, 10:32

From: Emil Lazarian | Ararat NewsPress