YEREVAN, JUNE 19, NOYAN TAPAN. The trustees are satisfied with the results of the "Hayastan" All-Armenian Fund's activities. Executive Director of the fund Naira Melkumian stated this on June 19 in response to reporters' questions. "I am sure that the fund is becoming a stable, valuable and international structure," she said. According to her, last year the fund's revenues made 22.4 million dollars, which exceeded by 10 million dollars the revenues of 2005. N. Melkumian said that over the past 15 years, the fund has implemented projects of nearly 170 million dollars, including those of 44.9 million dollars over the past three years. In 2007, the fund will launch the program on development of rural areas in Armenia and Artsakh, whose purpose is to reconstruct infrastructures, ensure agricultural development and encourage business.

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