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CENTRAL BANK CHAIR COMMENTS UPON IGO AND OTHER ISSUES

Economy

“Leense’ Fund allocations to our country will be added in 2003 ” , Tigran Sargsyan, Chair for Central Bank informed Parliament.

He stated the 80 million $ expected will be spent for development of Inner Gross Output . 53 million $ have already been allocated by Leense’ Fund within 11 months. The sums were spent on calamity zone, road-building and improvement of the central parts of Yerevan.

Bank Chair envisaged IGO’ increase of 6 for the next year.