Official says Armenia faces water management problemMarch 23, 2012 - 15:27 AMT PanARMENIAN.Net - Surface water formation in Armenia is conducted in March-May, as a result of which 1 billion cubic meters of water is collected from the republic’s 70 reservoirs, deputy head of the Water Resource Management Agency of RA Ministry of Nature Protection said. As Volodya Narimanyan told a press conference on March 23, 60% of water resources simply flow away for this period. “Armenia doesn’t face water resources deficit. It currently faces the problem of their effective management, instead,” he said. In this context he noted that leading international institutions like the World Bank, the United States Agency for International Development (USAID) and relevant institutions of the EU have recorded notable progress regarding reforming Armenia’s water management systems over the last 10 years. Mr. Narimanyan further underlined the plan to build 70-80 more reservoirs for up to 2 bln. cubic meters of water in coming 20-30 years. 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 | Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan. Azerbaijan extends Rune Vardanyan’s arrest by 5 months A court in Azerbaijan has extended the arrest of former Nagorno-Karabakh leader Ruben Vardanyan by five months. Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. |