“money for dayton”: this is opposition representatives’ opinion abou

“MONEY FOR DAYTON”: THIS IS OPPOSITION REPRESENTATIVES’ OPINION ABOUT
FUNDS ALLOCATED TO ARMENIA UNDER MILLENNIUM CHALLENGE PROGRAM

YEREVAN, MARCH 31, NOYAN TAPAN. “Money for Dayton”: this is the whole
opposition’s opinion about the funds allocated to Armenia under the
Millennium Challenge Program. (NT: The matter concerns the agreements
on Yugoslavia signed in Dayton in 1995.) Aram Karapetian, Chairman
of the New Times Party, stated during a debate held at the Mirror
Club that part of this sum “will be stolen.” However, according to
Gagik Minasian, member of the Republican Party, Chairman of the RA NA
Standing Committee on Financial, Credit, Budget and Economic Issues,
all international experts believe that Armenia’s economy has no rival
in the post-Soviet territory in terms of its legislation and the
progress registered. “There are problems, but to say that the sum was
provided without significant prerequisites is not true,” G. Minasian
noted. A. Karapetian expressed confidence that there is a political
byplay in the allocation of this sum, since the program, in his words,
will not be of any significance for promotion of the economy or an
industrial growth. The political byplay is one: the Nagorno Karabakh
problem and the issue of the liberated territories’ status.

He said that there are rumors circulating that some US subunits will be
depolyed near the northern border of Iran in July-August. G. Minasian
noted that the Millennium Challenge Program is mainly aimed at
poverty reduction in rural areas. Touching upon the issue of the
energy independence of Armenia, Aram Karapetian noted that Armenia
lacks opportunities to import fuel itself.

Health official says no birdflu in Armenia

Health official says no birdflu in Armenia

Golos Armenii, Yerevan
29 Mar 06

Excerpt from report by Gayane Sarmakeshyan in Armenian newspaper
Golos Armenii on 29 March headlined “No bird flu cases”

An interview with Deputy Agriculture Minister Levon Rukhyan.

[Correspondent] Mr Rukhyan, there is bird flu in all the neighbouring
countries. How come that our country does not have it? What measures
are being taken to prevent an outbreak of bird flu?

[Passage omitted: Levon Rukhyan says bird flu has not been detected
in some other countries, Rukhyan says interdepartment antibirdflu
headquarters set up in October 2005.]

[Rukhyan] Once or twice a week we hold consultations during which
we discuss the epidemic situation in the republic and precautionery
measures and listen to specialist advice.

[Passage omitted: no poultry imports]

We have set up antiflu centres in 10 regions of the republic.

Veterinary surgeons were dispatched to 730 out of 930 villages of
Armenia. In the villages with no veterinary surgeons, birds and
animals are monitored and vaccinated by a veterinary surgeon from
the neighbouring village.

[Passage omitted: Rukhyan talks about vaccination and a hot line
which was set up, 200 telephone calls received].

We have a contract with a laboratory in Italy where samples will be
sent for tests in case of doubt. We have received modern diagnostic
equipment. A group of scientists submitted a programme of actions to
fight bird flu. We have issued recommendations regarding the bird flu
fight. Israeli specialists have visited Armenia recently. They were
surprised at the safety level in Armenia. To be short, everything is
being done to prevent the bird flu in our country.

[Correspondent] Why has the scientific stockbreeding and veterinary
centre not been involved in the work of your headquarters?

[Rukhyan] Three specialists of the centre are actively working in
our headquarters. We are cooperating with all the specialists and
scientific institutions of Armenia as well as with the international
and public organizations, such as the WHO, UNISEF, USAID, etc. Each
of these organizations has been helping us raise the effectiveness
of our work.

[Correspondent] What is the situation on the poultry farms? Are you
sure that we can trust their produce?

[Rukhyan] The situation on our poultry plants is normal. Sanitary and
hygiene norms are being observered and extraordinary precautionery
measures have been taken. Entrance to the poultry farms plants is
banned, birdseed tested. And there is no ground to abandon eating of
poultry and eggs. Nevertheless demand for these products dropped and
raised 20 days ago. People understand that the bird flu problem is
artificially exaggerated. Maybe somebody is concerned about that.

[Correspondent] Can you make any prediction? Is there a danger of
bird flu in Armenia?

[Rukhyan] It is difficult to say anything definite here. We are taking
precautionery measures but we cannot rule out an outbreak of bird flu
in our country. The next period will be the most telling because of
the migration of birds that will last till the beginning of June. We
will be safe this year if no cases of bird flu are found.

But we will need to be extra careful during that period. Anyway
we cannot rely on luck alone. We have taken the necessary measures
to prevent a bird flu epidemic. Teams of zoologists and veterinary
surgeons have been set up to monitor the resting and nesting sites of
the migrant birds. Special attention is paid to the river Araks [Araz]
as these are the southern gates for the migration of birds. We are in
control of the situation. At present there are no grounds for worrying.

BAKU: OSCE Monitoring Disrupted By Ceasefire Breach

OSCE MONITORING DISRUPTED BY CEASEFIRE BREACH

Assa-Irada, Azerbaijan
March 30 2006

Baku, March 29, AssA-Irada
The OSCE monitoring on the Armenia-Azerbaijan frontline near the
Gapanli village of the western Terter District failed on Wednesday
after Armenia breached ceasefire, the Azeri Defense Ministry said.

The OSCE chairman’s special envoy Andzhei Kaspshik, as well as his
field assistants Imre Palatines and Alexander Samarski who arrived at
the site to conduct monitoring on the Armenian side of the frontline,
heard the sounds of shooting, a spokesman for the Azeri Defense
Ministry Ilgar Verdiyev told the press.

Kaspshik, who confirmed that the fire was opened by Armenians,
cancelled the procedure.

Edmund Stoiber: Turkey’s Joining EU Mistake

EDMUND STOIBER: TURKEY’S JOINING EU MISTAKE

PanARMENIAN.Net
29.03.2006 20:18 GMT+04:00

/PanARMENIAN.Net/ Bavarian premier Edmund Stoiber stated he is against
the cooperation between Justice and Development Turkish party and
European People’s Party faction. “We suppose that Turkey’s joining
the European Union is a mistake,” he said. For his part leader of
the European People’s Party said the issue will be discussed March
29 after the party summit to be held in Rome, reported Turkish Daily
News. To note, Justice and Development has the status of an observer
in the faction.

Millennium Challenge Group Signs Eighth Compact, Third of 2006

U.S. DEPT OF STATE
28 March 2006
Millennium Challenge Group Signs Eighth Compact, Third of 2006
Aid agreement with Armenia calls for country to show more progress toward
democracy
By Kathryn McConnell
Washington File Staff Writer

Washington — The Millennium Challenge Corporation (MCC) March 27 signed its
eighth compact with a low-income country, committing more than $235 million
over five years to reduce poverty in rural Armenia.

The Armenian Millennium Challenge compact — or bilateral aid agreement —
is “affirmation of our confidence that Armenia will continue to enact the
institutional reforms that will support the effective use of our aid,”
including measures to protect electoral processes, John Danilovich, MCC
chief executive officer, said at a signing ceremony at the State Department.

However, Danilovich said, MCC will continue to monitor Armenia’s policy
reforms “throughout the life of the compact.”

Danilovich said that in April he would travel to Armenia with Jim Kolbe,
chairman of the House of Representatives Appropriations Subcommittee on
Foreign Operations and a supporter of the MCC. The two will meet with civil
society groups that will help monitor the use of Millennium Challenge
Account (MCA) funds so that benefits will go directly to the people the
Millennium Challenge projects were designed to help, Danilovich said.

MCC can withhold account payments if a recipient country fails to meet its
commitments to institute reforms, Danilovich said in a January letter to
Robert Kocharian, Armenia’s president.

CONCERNS ABOUT PAST ELECTORAL IRREGULARITIES

In December 2005, Danilovich wrote to Kocharian expressing concerns over
“irregularities” reported during a constitutional election the previous
month. (See related article.)

Parliamentary elections scheduled in 2007 and 2008, at which observers from
the Organization for Security and Cooperation in Europe (OSCE) will be
present, will be the “test” of progress in instituting “democratic
practices,” said Vartan Oskanian, Armenia’s minister of foreign affairs, at
the signing.

He said that just as economic development is a mechanism to foster
democratization, so too is democracy “a tool for further and deeper economic
development.”

“We know that corruption must not be tolerated and that law must rule,” and
that the principles of democracy must be “transformed to traditions of
democracy” in Armenia, he said.

INVESTING IN ARMENIA’S RURAL POPULATION

The Armenia compact consists of two investments to assist the portion of the
country’s population dependent on agriculture.

One investment will be targeted to improving the country’s rural roads so
residents will have access to health and other basic services and to markets
to sell their products.

Poor rural roads have kept Armenia’s farm-based residents from benefiting
from the increased foreign investment in the country — benefits that have
accrued mostly to residents of the capital, Yerevan, said Vartan Oskanian,
Armenia’s minister of foreign affairs.

The other investment is for an irrigation-and-drainage project that will
increase water supply to rural areas, and help farmers grow more high-value
crops and increase their yields, according to the MCC.

The Millennium Challenge Account compact is “the embodiment” of U.S.

“transformational democracy” because it will empower Armenian men and women
to better their own lives, to strengthen their own communities and to
transform their own future,” said Secretary of State Condoleezza Rice at the
signing. Rice serves as chairman of MCC’s board of directors. The MCC
administers MCA funds.

In the four years MCC has existed, it has awarded $1.5 billion to countries
that have demonstrated commitments to policy reforms.

In March 2005, slightly more than one year after MCC became operational; it
signed its first compact — with Madagascar. MCC signed four more compacts
in 2005 and so far has signed three compacts in 2006.

In addition, MCC has committed more than $100 million to help five
“threshold countries” develop compact proposals. These are countries that
demonstrate significant progress toward meeting the compact eligibility
criteria.

MCC uses 16 criteria to determine a country’s progress in the areas of
encouraging economic freedom, ruling justly and investing in people.

In 2006, MCC replaced the indicator of country credit rating with a new one,
the cost of starting a business, saying the latter measures policies that a
government can control.

MCC also is reviewing suggestions for a new indicator on natural resources
management, which is intended to ensure the environmental sustainability of
projects presented in compact proposals. (See related article.)
ELIGIBILITY CRITERIA
The MCC/MCA criteria are having an “incentive effect” on other low-income
countries wanting to become eligible for MCA funding by implementing new
reforms, according to the MCC.

MCC requires proposals to be developed through a comprehensive consultative
process involving all sectors of a country’s society, including
nongovernmental organizations (NGOs). (See related article.)
Compact recipients also have included NGOs in their MCC governing bodies
representing the beneficiaries of the program.

Even though many of the projects proposed by compact-eligible countries have
been in the agriculture and infrastructure sectors, MCC does not favor any
particular sector, but rather seeks proposals with a high rate of economic
return on investment and broad impact, according to MCC’s economic analysis
guidelines, updated in January.

The guidelines state that proposals must have “good supporting evidence”
that a project will be technically feasible and have “significant impact on
economic growth and poverty reduction.”

A transcript of the signing ceremony is available on the State Department
Web site.

For additional information, see the MCC Web site and Millennium Challenge
Account.

(The Washington File is a product of the Bureau of International Information
Programs, U.S. Department of State. Web site: )

http://usinfo.state.gov

The Delegation Will Arrive In Yerevan From Baku

THE DELEGATION WILL ARRIVE IN YEREVAN FROM BAKU

A1+
02:01 pm 28 March, 2006

Tomorrow the Russian and American co-presidents of the group seeking
ways for the establishment of the Karabakh conflict Vitali Naumkin
and Herald Sonders will arrive in Armenia on a two-day call within
the framework of the Dordmundyan Conference.

They will come to Armenia from Baku and after the meeting with the
political and state circles of the country and then they will leave
for Nagorno Karabakh.

By the way, the Dordmundyan Conference is the only format today where
Karabakh acts as a negotiating side.

Tomorrow the co-presidents will meet the leaders of the political
parties and the Parliament representatives. Later they will participate
in the round table organized in the National Academy of Science, and
then the representatives of the Dordmundyan Conference will answer
the questions of the journalists.

The issue of the discussion is the frame contract which was signed
last year in the city Snegir of the RF by the Armenian, Karabakh and
Areri sides.

CONDOLEEZZA RICE: Signing Ceremony For Millennium ChallengeCorporati

CONDOLEEZZA RICE: SIGNING CEREMONY FOR MILLENNIUM CHALLENGE CORPORATION’S COMPACT WITH THE REPUBLIC OF ARMENIA

U.S. Department of State

March 28 2006

AMBASSADOR DANILOVICH: Madame Secretary, Minister Oskanian, Minister
Khachatryan, Mr. Nercissiantz, Ambassadors and representatives of the
Diplomatic Corps, distinguished guests: We are delighted to welcome
all of you here today to witness the signing of the compact between
Armenia and the Millennium Challenge Corporation and to celebrate
the enormous achievement of the people of Armenia.

I would like to extend a warm welcome to the delegation from Armenia
and to recognize many of the people who have worked so tirelessly to
bring us to this day, especially our Ambassador John Evans and his
colleagues at our Embassy in Yerevan and, of course, the superb group
of professionals that make up our MC Armenia team who work closely
with Stephen Groff and Alex Russin and other members of our MCC team
here in Washington.

Finally, I would like to extend our appreciation to our board member
Ken Hackett for taking part in today’s ceremony and I would also like
to thank Fred Schieck of USAID for being here with us today.

The MCC Armenia compact will provide $235 million that will trigger
economic growth and create new opportunities for the reduction of
poverty by assisting Armenia’s farmers and their communities. A large
percentage of Armenians live in rural villages and are dependent on
agriculture for their well-being. Poor road conditions and unreliable
irrigation have kept these communities from enjoying the benefits
of the tremendous growth that other parts of the Armenian economy
have experienced.

Therefore, Armenia has designed a program that will have a direct
impact on 75 percent of the rural population. Armenia’s program,
with MCC help, will: one, upgrade nearly 600 miles of rural roads
and provide access to jobs, markets and social services and create
linkages between agriculture producers and market places, and; two,
through improved irrigation, technical assistance and credit support,
raise the incomes of a quarter of a million of Armenian households.

With improved irrigation canals and better roads, rural residents
will be able to grow better crops, get them to market and earn a more
dependable income. MCC funding will also help rural residents take
advantage of other programs funded by the United States: healthcare
clinics, school internet centers and centers for public information,
all of which will be accessible even during the difficult winter
months.

I will be traveling to Armenia in early April and look forward to
showing the MC Armenia program to Chairman Jim Kolbe and to meet with
the broad spectrum of Armenian civil society that has been involved in
the creation of this program and to discuss their future involvement to
the program’s implementation. Their engagement is essential to ensure
that the Millennium Challenge Account funding is directed efficiently
and effectively to the projects that Armenia has designed and its
benefits go directly to the people that they are designed to help.

One of the critical components of an MCC compact is that partner
countries must continue to maintain a high level of performance in
ruling justly, investing in people and promoting economic freedom.

The signing of this compact today is therefore an affirmation of our
confidence that Armenia will continue to enact the institutional
reforms that will support the effective use of our aid, including
measures to support and protect democratic and electoral processes.

As we embark upon this dynamic partnership between our two nations
to reduce poverty through economic growth, I want to extend to you,
Ministers Oskanian and Minister Khachatryan, our sincere and heartfelt
congratulations. And now it’s a pleasure to ask our Chair, Dr. Rice,
to say a few remarks. (Applause.)

SECRETARY RICE: Good afternoon, ladies and gentlemen. I am honored
to welcome the distinguished members of the Armenian delegation.

Minister Khachatryan, Minister Oskanian, thank you very much, and I
think Ambassador Markarian is here as well. Are you? There you are.

Yes. And I’d like to welcome the American Ambassador, Ambassador Evans,
as well. There are many members of the Diplomatic Corps here.

Thank you for being here.

Today’s step is a promising one for the partnership between Armenia and
the United States. The Millennium Challenge Corporation compact that
our two nations are signing today, worth more than $235 million over
the next five years, is a testament to the hard work and dedication
of the Armenian people and their elected government. The compact is
also the embodiment of America’s transformational diplomacy because
it will empower Armenian men and women to better their own lives,
to strengthen their own communities and to transform their own future.

One of the greatest moral challenges of the 21st century is to
alleviate the suffering posed by dire poverty. That is the goal of
President Bush’s Millennium Challenge Account initiative, to draw
whole nations into an expanding circle of opportunity and enterprise.

This is the eighth compact that the Millennium Challenge Corporation
has signed thus far, making a total of $1.5 billion committed since
last April. This represents a tremendous effort both by partner
countries and by the men and women of the Millennium Challenge
Corporation. Ambassador Danilovich, I want to congratulate you and
your staff on this very good work. I want to thank our board member
Ken Hackett for being here. It’s really been a team effort and we’re
very grateful for the work that is being done.

The Millennium Challenge Corporation is committed to making a
real difference in the lives of people who suffer in poverty. It
is focused on results, not merely good intentions. So the MCC uses
16 independent objective indicators to measure a country’s progress
toward governing justly, advancing economic freedom and investing in
its people. The MCC also recognizes that you will only get results
if developing countries have ownership over their own development,
so this program allows our partner countries themselves to determine
how much assistance to request, what they want to use it for and what
criteria will measure success.

The compact we are signing today will directly improve the lives of
750,000 Armenians, three-quarters of the country’s rural population.

Over the next five years, Armenians will build almost 1,000 kilometers
of rural roads. They will upgrade their irrigation and drainage
systems. They will plant new crops. And through all of this, the
United States will provide Armenia with the technical assistance and
credit support that it urgently needs.

Our partnership will help Armenia to fight poverty through
sustainable economic growth. To ensure that progress toward this end
remains constant, Armenia must continue to advance its democratic
reforms. International and domestic monitors did express concerns
about the conduct of the recent constitutional referendum and the
Armenian Government has acknowledged these difficulties and pledged
to improve the conduct of the elections to be held in 2007 and 2008.

These are important commitments and the United States stands ready to
help Armenia to ensure that its upcoming elections are free and fair.

America is eager to strengthen our partnership with a democratic
Armenia and the MCC compact that we are signing today will advance
this goal. We view your success as our success and we will always
help you to ensure the future of freedom and prosperity that all
Armenians deserve and desire. Thank you very much. (Applause.)

MINISTER OSKANIAN: Secretary Rice, Ambassador Danilovich, I am here
today on behalf of the President of the Republic of Armenia and
my colleagues here from the Armenian Government to thank President
Bush, Secretary Rice, Ambassador Danilovich, the U.S. Government and
the American people for including the Republic of Armenian in the
Millennium Challenge compact.

President Bush’s visionary approach to development which complements
the invaluable assistance that has already been provided to Armenia
through USAID and other U.S. programs continues the best tradition of
American missionaries from whom Armenians have benefited greatly. The
Millennium Challenge compact is a natural extension of the practice,
doing good borne of one’s own convictions, but with the intent to
nourish the recipient’s sense of self-worth and ability.

In the 21st century, when philanthropy is not about charity but about
finding solutions to deep-seated problems, we welcome the United
States Government decision to assist and support directly those
countries who have determined to rule justly, to invest in people
and to promote economic freedom in order for their citizens to live
in dignity and security.

I see our colleagues from other recipient countries, and I am certain
that they join me in saying that what this grant — the U.S. is
recognizing with this grant — the United States is recognizing the
reality and duality of our lives: persistent poverty in the face of
progress. On one hand, one-third of Armenia’s population continues to
live in poverty. Two-thirds of our rural communities are not directly
connected to a central road of distribution system and most of our
secondary and tertiary roads do not provide the necessary access. On
the other hand, Armenia has managed, against great odds with an
unresolved conflict and with closed borders, to be ranked first in
the world in past utilization of foreign assistance, to privatize and
to legislate such that our economy is ranked among the world’s most
liberal and to register the highest economic growth in the region
without the benefit of extracting resources.

That is why a long consultative process concluded that with significant
poverty reduction would request Millennium Challenge Corporation funds
to be spent in two critical areas of infrastructure. Our program has
been consciously designed to complement the work of other donors.

With this signing of the Millennium Challenge Compact, Armenia is aware
that we have the obligation to build on the confidence that has been
placed in our government and people. Just as economic development is a
facilitator of democratization, so is democracy a tool for further and
deeper economic development. We understand that the U.S. Government
has chosen to use these funds for economic development only when a
society and its leadership comprehend their political responsibility
to nurture and sustain democratic practices.

Armenia is among the world’s youngest democracies and our democratic
and economic reforms are irreversible. Our significant progress,
notwithstanding, we recognize that much remains to be done to make
these reforms comprehensive. We know that corruption must not be
tolerated and that law must rule, that the principles of democracy
must be transformed to traditions of democracy in our country.

Madame Secretary, the elections of 2007 and 2008 that you referred to
will test our democratic practices. Our task until then is to partner
with the United States and European governments to implement the
necessary corrective steps to improve the conditions necessary for
an honest and fair expression of people’s voices. In this regard,
we welcome the American proposals for certain structural reforms
and education and public outreach efforts. We are already begun the
process of verifying voter lists. We’re making progress in reforming
the electoral law with the active participation and agreement of all
political forces in our parliament. As in years past, OSCE monitors
will be present and will monitor our elections.

In other words, Madame Secretary, Armenia and Armenians are determined
to benefit from the intent and content of the Millennium Challenge
compact because our people deserve no less.

Thank you. (Applause.)

(The Compact was signed.)

(Applause.)

http://www.state.gov/

Agenda Of PACE Session To Start On April 10 Includes Two IssuesDirec

AGENDA OF PACE SESSION TO START ON APRIL 10 INCLUDES TWO ISSUES DIRECTLY RELATED TO ARMENIA

Noyan Tapan
Mar 27 2006

YEREVAN, MARCH 27, NOYAN TAPAN. The spring session of the Parliamentary
Assembly of the Council of Europe (PACE) will be convened on
April 10-13 in Strasbourg. Unlike other sessions, it will last
4 days because Easter will be celebrated on April 14 in European
countries. Tigran Torosian, Head of the Armenian delegation in PACE,
Vice Speaker of the RA National Assembly, stated this at the March
27 press conference. According to him, there are two issues directly
related to Armenia on the session agenda: the state of refugees and
displaced persons in Armenia, Georgia and Azerbaijan, and the human
rights of the armed forces members. Boris Tsilevich, PACE deputy
from Lithuania, is the rapporteur on the first issue. Discussions
on the report will be held at the plenary sitting on April 13. The
issue was ready to be put on the January session’s agenda, but was
not put since the agenda had already included too many issues. The
rapporteur on the second issue is Alexandr Arabajiev, representative
of Bulgaria. Although the draft resolution of the rapporteur is not
directly related to Armenia and the country is not indicated here,
the armed forces’ state in the Council of Europe member states is
presented in various points of the rapporteur’s memorandum. Point 35
of the memorandum is dedicated to Armenia and contains data on the
situation in the Armenian armed forces in 2001-2003. According to
T.Torosian, the draft was submitted to the RA Defence Ministry for
examination. If some inaccuracy is found regarding the report facts,
the Armenian side will ask the rapportuer to make his memorandum more
accurate, since there is no mechanism for changing the memorandum of a
rapporteur, unlike a draft resolution or a draft recommendation. The
head of the Armenian delegation noted that there are other issues
of interest on the agenda, particularly the report on fight against
corruption and poverty in the CE member states. The issues to be
urgently put on the agenda have not been specified yet. The decision
about it will be made during the discussion of the agenda.

The speaker also presented the upcoming visits to be paid to Armenia
by PACE official representatives. Particularly, the visit of the
rapporteur on the state of women in the three South Caucasian countries
– Russian deputy in PACE Vera Oskina to Armenia is scheduled for
April. The rapporteur on the issue of missing persons in the three
South Caucasian states – Dutch deputy Leo Platvoit will visit the
region in May-June. The date of the visit of representatives the
PACE Monitoring Committee – co-rapporteurs on Armenia has not been
specified yet. T. Torosian said that in all likelihood the visit will
be paid in August.

They Still Have Hopes

THEY STILL HAVE HOPES

A1+
12:46 pm 27 March, 2006

The residents of the Yerevan realization zones who call themselves
“those evicted from their houses” still have hope that one day the
President of the country “will learn the truth about them”. Shoghik
Galstyan and Gayane Asatryan are sure that the officials “give false
information to him”.

Today the people opposite the main entrance to the municipality
building were the residents of the realization zones again. The demand
was the same – fair compensation for the confiscated houses, as well
as cessation of violence. In connection with the letter they mentioned
that a week ago the representatives of the police beat several owners
of the Dalma gardens who tried to protect their property.

The participants of the meeting demanded a meeting with the Yerevan
mayor Yervand Zakharyan so that he orders to cease the violence until
the Constitutional Court finishes the hearing of the cases.

Let us remind you that the first hearing in the Constitutional Court
took place on March 21 and was postponed for two weeks.

Shahgeldian Suggests an Incomplete Prescription

Panorama.am

15:29 24/03/06

SHAHGELDYAN SUGGESTS AN INCOMPLETE PRESCRIBTION

`Today it is too early to make any calculationas as the gas price is
not finally fixed yet,’ mentioned NA Deputy, RLC member Mher
Shahgeldyan touching upon the announcement of Central Bank manager
Togran Sargsyan made yesterday.

To remind, according to the head of the Central Bank if the gas price
remains 90 drams for 1 cubic meter until the end of the year it can
have an influence of 1% inflation on the consumer’s basket of the
population. As the deputy mentioned he hopes the results are not going
to be too bad even after the inflation.

`We need to have mechanisms which will liquidate and or at least make
those influences minimal,’ M. Shahgeldyan suggested yet without
mentioning any particular mechanism and who has to form these
mechanisms. /Panorama.am/