Armenia's financial resources increased – prime minister

In 2011, Armenia's financial resources will exceed last year's indices, according to Prime Minister Tigran Sargsyan.

Addressing the cabinet meeting on Thursday, he said the incomes of the 2010 budget exceeded the expected amount by AMD 25 billion while the expenditure section of the budget recorded AMD 15 billion savings.

"This means our macroeconomic resources have increased for 2011," he said.

The premier also spoke of the World Bank's $25 million loan disbursement to Armenia, adding that the sums allocated under the WB program will help to further increase the country's financial resources.