Armenia in Debt to International Membership Organizations

YEREVAN (Noyan Tapan)–Armenia’s debt to international organizations has totaled to about $16 million since 1992. By October 2000 Armenia had paid only $630,000 (30 percent) of the sum provided for by the state budget for the purpose of paying off this debt.

Head of the International Organizations Department–Ministry of Foreign Affairs Vahram Kajoyan said that from 1996 to 1998–the membership fees totaled to $3.5 million each year and in 2000 it totaled to $1.75 million. By preliminary estimates–$1.4 million will be provided for by the 2001 budget.

According to Kajoyan–the total sum of Armenia’s debt to the United Nations is $800,000–$400,000 of which is to be paid without fail at the beginning of January 2001 so Armenia could retain the right of vote in the UN.

Stressing that Armenia does not face the danger of losing its right to vote in any international organization–Kajoyan said that for two years running Armenia has been included in the UN honorary list of countries that have paid fees to the authorized budget by the January deadline. The Republic of Armenia has paid the UN $10 million as a fee–however the financial and technical aid it has received from this organization equals to $300 million.

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