The Armenian government has approved today release of AMD 163 million for a technology park in Armenia’s second largest town of Gyumri, the administrative center of northwestern province of Shirak.
KfW German bank will allocate 15 million-euro loan to Armenia within the program on financing small and medium-sized farms in the country, Director of German-Armenian Fund (GAF) GevorgTumanyan reported.
The projected 4.2% GDP growth for this year is quite realistic, Armenian finance minister Vache Gabrielian said during a Q&A session in the parliament.
