  Private remittances to Armenia totaled $479.9mln in January-May 2010 July 7, 2010 - 17:07 AMT PanARMENIAN.Net - $479.9mln was transferred to individuals through the Armenian banking system in January-May 2010. According to the RA Central Bank’s monthly bulletin, 4.2% or $19.2mln growth was recorded as compared with the same period of last year. Meanwhile, Russia keeps the biggest share of remittances to Armenia - $308mln, followed by the U.S. - $48.1mln and Germany - $8.6mln. The amount of remittances from Turkey totalled $957,000. Besides, the amount of remittances from Armenia totalled $244.3mln in January-May 2010 that is 17.3% higher as compared with the same period of last year. During the reporting period, the net cash inflow decreased by 6.6% amounting to $235.5mln against $252.3mln in January-May 2009.   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. |
