Government approves state support program for SME

 Armenia’s Government has approved on Thursday state support program 2012 for Small & Medium Enterprises, aimed at developing stable economic growth.

Minister of Economy Tigran Davtyan said that in 2012 SME would get supporting funding, thus making the funding volume in the end of the year 5 billion AMD.

The Government plans to support at least 150 starting businessmen registering 25 new enterprises and over 50 employment places.