Following the submission to the National Assembly of the Government’s annual program,Russian-Armenian businessman Samvel Karapetyan is rumored to be planning to invest US300 million in Armenia’s economy.
The trudge is reportedly expected to conclude the economic deadlock in the country by ensuring boom in the development sector. Citing its sources, the paper says that the money will be spent on restoring the image of the Old City of Yerevan.
Source: tert.am