Yerevan /Mediamax/. Armenian Prime Minister Tigran Sargsian expressed hope that the year of 2011 will become a “breakthrough” year for the Fund for Rural Economic Development in Armenia (FREDA). 

Speaking at the session of the Fund’s Board of Trustees on January 11, the Prime Minister expressed hope that in the course of a year “we will be able to have significant investment volumes”. 

“Per se, there is no lack of financial means, and the success will fully depend on the efficiency of our work”, Prime Minister stated. 

Fund Director Tigran Khanikyan presented the programs, which were realized in 2010 and ones that are at the stage of conclusion, as well as projects for the year of 2011.