MINISTER OF FINANCE TO MAKE PREVISIONS ON RUSSIAN LOAN TO ARMENIA

The world financial-economic crisis different methods to overcome the impact of the crisis in Armenia, the loan provided by Russian Federation and other issues have been presented by the Minister of Finance of Armenia Tigran Davtyan in a press conference today. The Minister of Finance told that loan would be provided by Russia but the Minister hesitated to say anything about the date of implementing the agreement. He said that much depends on the in-house activities in Russia. “Currently Duma is discussing the changes in the budget, after it is adopted the Council of the Federation should sign it and the President of the state to sign,” said the Minister of Finance. According to the Minister if the plan follows its way in June Armenia will receive the loan.