TuesdayJuly 22
  • USD 406.97
  • EUR 550.63
  • RUB 11.63

Most of 500 imported tractors are given to Armenian farms on commercial programs...

08:10, 26.06.2012 Region: Armenia Theme: Economics

YEREVAN. – Armenia’s political “backstage” is discussing that the majority of the 500 tractors—which Prosperous Armenia Party (PAP) Chairman Gagik Tsarukyan had imported during the parliamentary election season—was allocated to the country’s farms on commercial programs, 168 Zham daily writes.    

“Prior to the elections this was presented as philanthropy. [But] According to some information, private companies have opened and those tractors are given to them to carry out paid agricultural activities.  

[But] In an interview with our correspondent yesterday [Monday], PAP Spokesperson Tigran Urikhanyan denied this information, and added that some of the tractors ‘are acquired by the farms on the commercial principle of hire and purchase.’ And others were allocated to the farms as assistance,” 168 Zham writes.

Armenia News - NEWS.am

More in topic

Dollar continues to decline in Armenia

The stock exchange trading session closed at AMD 407.25/$1…

Dollar slightly down in Armenia

The stock exchange trading session closed at AMD 407.35/$1…

European Commission to invest €300 billion

To revive the European economy…

Dollar climbs in Armenia

But the euro lost ground in the country…

Armenia and Russia PMs confer on integration processes

“Our countries are very close allies”…

Ambassador: Carrefour to open doors to Armenian consumers this fall

Armenian-French business club held a meeting of the Board of Trustees...