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Armenian Government Invests in Private Sector

At today's working session of the Armenian government, Prime Minister Tigran Sargsyan allocated 161 million drams out of this year's state reserves to the Ministry of Economics for subsequent investment in the company "Mega Ararat" . The decision to allocate the funds was based on the fact that business plan of "Mega Ararat" would assist in the creation of 50 new jobs and would incorporate over 100 families in the Vayots Dzor and neighboring regions in the work of harvesting various grasses and herbs to produce new types of tyme-mint, apricot and peach teas, mostly for the export market.

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