Net inflow of Armenia's remittances down by 20% in 2015: reportMarch 10, 2016 - 13:20 AMT PanARMENIAN.Net - Net inflow of foreign remittances, made by individuals and legal entities and received by individuals via Armenian commercial banks totaled $1,6 billion in 2015, against the over $2 billion of the previous year, the country's Central Bank said. According to the report, the bulk of remittances – about 45,7 billion rubles or 46,3% of total money transfers to Armenia, which came as usual from Russia, were down by 5,7% against 2014. The sum of 2015’s transfers in the national currency comes close to AMD 776,5 billion against the AMD 881,9 billion the previous year. 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 | 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. |