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 | About 32,000 rally in Yerevan to deman Pashinyan’s resignation About 31,700 people attended an opposition rally on Thursday, May 9 in Yerevan demanding the resignation of Prime Minister Nikol Pashinyan. Armenian, Azerbaijani Foreign Minister to meet in Almaty Armenian Foreign Minister Ararat Mirzoyan and his Azerbaijani counterpart Jeyhun Bayramov will meet in Almaty. Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. |