  IFC to invest $70 mln in Armenia’s economy  January 20, 2012 - 14:15 AMTPanARMENIAN.Net - The International Finance Corporation IFC, a member of the World Bank Group, plans to invest a minimum of $70 million in Armenia’s economy in 2012, with the same amount allocated last year. According to IFC Armenia investments adviser Arman Barkhudaryan, since Armenia’s IFC affiliation in 1995, the Corporation implemented 28 investment programs to the total of $147 million.   5 20.01.12 - Press conference of IFC representative Arman Barkhudaryan and chairman of ACBA Credit-Agricole Bank Stepan Gishyan        Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
