YEREVAN, NOVEMBER 6, NOYAN TAPAN. A preliminary agreement has been reached between the "Rural Financing Facility" (RFF) programs implementation office - state institution of the RA ministry of finance and economy and the Danish government that the Danish government will allocate credit resources of 5 million dollars for development of agrotourism in Armenia, the director of the RFF Ara Muradian told NT correspondent. According to him, the implementation of the above mentioned credit program in several Armenian marzes (provinces) will help increase significantly incomes of the local population within 1-2 years, therefore, expand the local consumption markets. In the opinion of A. Muradian, problems related to development of rural areas should be solved not only by promoting the agriculture. In his words, it is envisaged that new credit programs will be implemented with IFAD and World Bank resources, during which not only agricultural but also other enterprises of rural areas will be credited. He said that the studies conducted by the RFF show that for example, non-agricultural enterprises of Tavush marz have greater demand for financial resources than agricultural enterprises. "If financing of non-agricultural sectors and the agriculture is not proportionate, especially in remote marzes, agriculture will lose its capacity to "absorb" investments at some stage of its development - due to the absence of a growth of solvent demand in marzes," A. Muradian said.

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