Finance Minister says Armenia’s national debt totals USD 4 blnAugust 7, 2012 - 15:36 AMT PanARMENIAN.Net - Armenia’s national dept currently grosses about USD 4 bln, Finance Minister said. “The internal debt totals approximately half a billion, with the foreign debt making up about 3,4 bln,” Vache Gabrielyan said. Today, on August 7, RA Finance Minister Vache Gabrielyan and head of European Investment Bank’s division for lending operations for East and Central Asia Heinz Olbers signed loan agreements, envisaging allocation of euro 6,5 million and 30,316 million for Armenian small community water programs and modernization of Bagratashen, Bavra and Gogavan check points respectively. 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 | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |