Yerevan /Mediamax/. A workgroup is set up under the Armenian government headed by Deputy Minister of Finance Vardan Aramyan to call funding from EurAsEC Anti-Crisis Fund.

Mediamax reports Armenian Prime Minister Tigran Sargsian as stating this at the session of the government in Yerevan today.

“Armenia has the chance to receive loan means from the Anti-Crisis Fund, formed within the framework of EurAsEC, the volume of which will make about $10bln”, the Prime Minister stated noting that the government has already sent two programs to the fund. The programs are related to energy and chemistry spheres.

“The workgroup will cooperate with all departments and ministries aiming at elaborating large-scale programs, necessary for Armenia”, Tigran Sargsian stated.

The Prime Minister stressed that the government is ready to hear out constructive criticism and advises from the part of opponents concerning the placement of the Russian loan.

Tigran Sargsian reminded that the government will leave a part of the Russian loan in the Stabilization Fund in the Central Bank of Armenia, and another part will be directed to rehabilitation of 1988 Spitak earthquake zone, to the German-Armenian Fund aiming at crediting small and medium entrepreneurship, and the Mortgage Fund of Armenia, the Small and Medium Entrepreneurship Development National Center and to crediting of backbone enterprises.

According to Tigran Sargsian, positive influence of the Russian loan on Armenian economy will mainly be felt in 2010 and to a lesser degree in III and IV quarters of 2009.--0--