Armenia to provide over $19M annually to Karabakh for 10 yearsApril 22, 2021 - 18:18 AMT PanARMENIAN.Net - Armenia will provide AMD 10 billion (over $19 million) annually to Artsakh (Nagorno-Karabakh) for 10 years to help the country overcome the consequences of the war, Arka.am reports. The Cabinet on Thursday, April 22 approved the signing of a financial agreement between Armenia and Artsakh. Minister of Labor and Social Affairs Mesrop Arakelyan said the funds will be allocated to legal entities and individuals who lost property, housing, cars and trucks, agricultural and construction equipment, fixed assets used for running businesses, livestock, apiaries, fruit and grape gardens. 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. |