Private remittances to Armenia totaled $1 380,6mln in Jan-Nov 2011January 16, 2012 - 12:15 AMT PanARMENIAN.Net - $1 380,6 mln was transferred to individuals through the Armenian banking system in January-November 2011. According to the RA Central Bank’s monthly bulletin, 23,1% increase was recorded as compared with the same period of last year, with private remittances totaling $142,5 mln. in November 2011. Besides, the amount of remittances from Armenia totaled $238,4 mln in January-November 2011 that is 20,1% higher against$198,5 mln. of the same period of 2010. During the reported period, the net cash inflow increased by 21% amounting to $1 142,1 mln against $943,8 mln in January-November 2010. Meanwhile, Russia keeps the biggest share of remittances to Armenia - $1028,7 mln, followed by the U.S. - $40,5 mln, Kazakhstan - $16,9 mln and Ukraine- $8,2. 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 | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |