  Growth recorded in governmental subsidies in Armenia in 2010February 5, 2011 - 16:18 AMT PanARMENIAN.Net - Armenian Minister of Territorial Administration Vache Terteryan said that, as part of the policy on financial equalization of subsidies, the Armenian government made a first-ever decision to set the amount of subsidies above the envisaged 4% of the state budget actual revenues in 2010. Subsidies totaled 32bln or 4.6% of the state budget actual revenues in 2010 against AMD 28bln, Terteryan told a press conference in Yerevan. “In other words, the 4% level of subsidies was surpassed for the first time over the past 10 years,” Terteryan said, adding that the level of subsidies will be maintained also in 2011.   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 Narek Manasyan wins European Boxing Championships silver for Armenia  Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28.Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia.Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports.Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. |
