  Remittances to Armenia totaled USD 326.7mln in Q1 2011 May 10, 2011 - 14:28 AMT PanARMENIAN.Net - Remittances at the amount of $326.7mln were received by physical persons in Armenia in January-March 2011. According to the CBA monthly bulletin, the figure increased by 24.9% ($65mln) compared to the same period in 2010. Besides, 16.3% growth was recorded in the amount of remittances from Armenia, totaling $161.2mln in January-March 2011 against $138.6mln during the same period in 2010. The net cash inflow increased by 34.5% during the reporting period, amounting to $165.6mln against $123.1mln in January-March 2011. The largest amount of remittances was received from Russia ($172mln), followed by Kazakhstan ($3.7mln) and France ($892thous).   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 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.Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations.Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |
