  International Monetary Fund to Allocate Armenia Extra $4.9 MillionMay 19, 2006 - 18:00 AMT PanARMENIAN.Net - The International Monetary Fund completed the second observation round of the poverty reduction program implemented in Armenia. As PanARMENIAN.Net came to know from the IMF office in Yerevan, Armenia will be allocated extra $4.9 million. The 3-year term program amounts in some $33 million. The sum of the credits rendered with the account of the latest decision makes some $14.7 million.  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 |  Related sections Latest news Power of One Dram sums up two-year program with Teach for Armenia  Idram Junior also joined the companies during the visit, bringing with it a fascinating intellectual game for childrenCivil disobedience campaigns continue in Yerevan People demanding Prime Minister Nikol Pashinyan’s resignation again blocked streets in Yerevan on May 15.Court in Azerbaijan extends former Karabakh leader’s arrest by 5 months The Binagadi District Court in Azerbaijan has granted the prosecutor’s petition to extend the arrest of Arkady Ghukasyan.Ucom General Director joins High-Tech Development Panel Discussion The discussion was titled "The Role of International Corporations and Investors as Catalysts for Development of High-Tech Ecosystem." |
