Funds for Fighting Y2K Bug in Armenia Not Available

YEREVAN (Noyan Tapan)–The Y2K bug may become a very serious problem in Armenia’s public utilities sector at the turn of the millennium. The Interdepartmental Commission for the Y2K problem in cooperation with the Emergency Management Administration is currently developing a complex set of measures in the event of possible problems. So as not to sustain losses–each organization should develop its own plan in case of failures in computer systems during the transition period. Thus–the Central Bank is active in getting guarantees from organizations engaged in collecting paymen’s for services from the population. In particular–the ArmenTel company–which enjoys a telecommunications monopoly in the country–is expected to submit a letter of guarantee certifying that there will be no problems in the spheres it controls.

The Commission members are of unanimous opinion that there are no problems with the Armenian Nuclear Power Plant. The plant’s staffers are currently engaged in enhancing its safety.

After inventory checks on equipment and software–the Commission concluded that a sum of $4.5 million is necessary for Armenia’s smooth transition into the year 2000. The Commission applied to international organizations for assistance. No funds have been procured so far.

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