 Armenian MP gets $18 mln annual profit from sugar import – paper May 22, 2012 - 14:46 AMT PanARMENIAN.Net - An interesting fact has been recorded in the Central Bank of Armenia (CBA) report on “Refinancing rate in May, 2012, Haykakan Zhamank paper reports. Sugar price dropped by 7% in world market in April 2012, compared with the same period of 2011. However, according to statistical data, 1 kg sugar cost AMD 455 in Armenia, against last year’s AMD 388 in April. Hence, were prices in Armenia conditioned by world market trends, sugar would cost AMD 384 instead of AMD 455 in April. According to official statistics, about 100 thous. tons of sugar is annually consumed in Armenia, with MP Samvel Aleksanyan getting additional USD 18 mln. profit as the only businessman involved in import of sugar, the paper says.   Top stories As a result of floods in Armenia’s northern Lori and Tavush provinces, 17 bridges, including five large ones, have collapsed. David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Prime Minister Nikol Pashinyan has met with Stephan Schütz, Executive Partner at Gerkan, Marg and Partners. The number of state universities will be reduced from 23 to 8 by 2030, Minister of Education, Science, Culture and Sport Zhanna Andreasyan has said.   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.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
