Private remittances to Armenia down by 14% in January 2016March 1, 2016 - 17:30 AMT PanARMENIAN.Net - Private remittances from Russia and other countries to Armenia amounted to about $46,8 million in January 2015, a reduction of 13,7$ against the same period last year, the Central Bank of Armenia said Tuesday, March 1. Remittances from Armenia to foreign countries stood at about $17,5 million in the reporting period against the $32 million remitted in December 2015. Money transfers from Russia to Armenia in January fell to approximately $29,8 million, while remittances from Armenia to Russia increased to $12,5 million. Remittances from Armenia to the United States and vice versa amounted to $859.000 and around $7,2 million, 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 | Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |