Armenia to loan AMD 2.9 billion to KarabakhJune 22, 2023 - 13:37 AMT PanARMENIAN.Net - Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. According to the document, the loan is provided as additional financing aimed at alleviating the social tension created in Nagorno-Karabakh during the post-war period. The interstate loan is interest-free. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. 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. Armenia's international reserves amounted to $3.5 billion, according to a report from the country's Central Bank. Partner news | Police try to impede Armenian Church head’s access to war memorial Police tried to stop the supreme head of the Armenian Apostolic Church, Catholicos Karekin II, from visiting a war memorial. Greece says ready to help as Armenia fights flooding consequences Greece is ready to assist Armenia in combatting the consequences of deadly floods in the country’s north. “He will leave”: Protest leader no longer demands meeting with Pashinyan Archbishop Bagrat Galstanyan no longer demands a meeting with Armenian Prime Minister Nikol Pashinyan. Lemkin Institute petition seeks release of Armenians in Azerbaijan The Lemkin Institute is deeply concerned about the continued illegal detention of political prisoners from Karabakh in Azerbaijan. |