Private remittances to Armenia totaled $616.9mln in January-June 2010August 5, 2010 - 17:56 AMT PanARMENIAN.Net - $616.9mln was transferred to individuals through the Armenian banking system in January-June 2010. According to the RA Central Bank’s monthly bulletin, 3% or $17.7mln growth was recorded as compared with the same period of last year. Meanwhile, Russia keeps the biggest share of remittances to Armenia - $402.7mln, followed by the U.S. - $61.8mln and Germany - $10.1mln. The amount of remittances from Turkey totaled $1.12mln. Besides, the amount of remittances from Armenia totaled $311.7mln in January-June 2010 that is 20.3% higher as compared with the same period of last year. During the reporting period, the net cash inflow decreased by 10.2% amounting to $305.2mln against $340mln in January-June 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 | Armenia, Turkey discuss restoration of historic bridge The meeting took place on May 17 in Ashgabat on the sidelines of an international conference of ministers of culture. EU welcomes Armenia-Azerbaijan “progress” The EU has welcomed “progress” made in the framework of the Armenia-Azerbaijan border delimitation process. Belarus opposition leader slams Lukashenko for Karabakh trip Belarusian opposition politician Sviatlana Tsikhanouskaya has harshly criticized the visit of Lukashenko to Karabakh. Mkhitaryan raises arrest of former Karabakh leaders in Azerbaijan Inter Milan star Henrikh Mkhitaryan has shared a news story about the extension of the arrest of former Karabakh leaders. |