Tag Archives: loan

Armenia Seeks Another Major Loan from Russian-Led Group

The Armenian government moved on Thursday to obtain yet another large-scale foreign loan which it hopes will help the country overcome the ongoing economic crisis.

88 Earthquake Commemorated as Authorities Downplay Failure to Rebuild Gyumri

Officials on Monday downplayed the government’s failure to rebuild regions devastated by the 1988 earthquake, insisting that reconstruction is going according to plan as Armenia marked the 21st anniversary of the calamity that killed 25,000 people and left hundreds of thousands of others homeless.

Armenian Government Approves 2010 Budget

The Armenian government approved on Thursday the final version of next year’s budget and is set to submit it to parliament for consideration and approval, Finance Minister Tigran Davtian told reporters.

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