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January 29
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The EU supports Armenia in many directions, said Armenian Minister of Finance Tigran Khachatryan on Thursday.

"All of them, one way or another, influence the process of formation of the state budget," he said.

The issue is about loan agreements, the minister added.

According to Khachatryan, many programs and projects are implemented at the expense of these funds. They are implemented by European Investment Bank and European Bank for Reconstruction and Development.

"They plan to finance various programs for a total amount of AMD 55 billion 747 mln," he said.

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