All Armenian Bank to fund national projectsMay 25, 2009 - 23:18 AMT PanARMENIAN.Net - During its regular council session held in Yerevan on May 24, RA National Competitiveness Fund (NCF) discussed issues concerning the foundation of All Armenian Bank. Presiding over the session was RA Prime Minister Tigran Sargsyan, RA Government's Press Service reports.According to the Government release, All Armenian Bank will fund national projects containing innovative elements which will be implemented by Armenian community representatives all over the world. The discussion also focused on issues concerning the Government's steps towards overcoming crisis impact and promoting steady development of competitiveness in Armenia. In addition, Council members approved the list of events aimed at implementation of programs in spheres of healthcare, education and tourism. The session was attended by President's Chief Economic Advisor Vahram Nersisyants, RA Minister of Economy Nerses Yeritsyan, Finance Minister Tigran Davtyan, FM Edward Nalbandyan, CBA Chairman Arthur Djavadyan, Troyka Dialog company's Director Ruben Vardanyan, McKINSEY & Co Munich office Director Andre Andonyan, Wolters Kluwer PCi company's Executive Director Raffi Festekjyan, WB Yerevan office manager Aristomene Varoudakis and NCF Executive Director Bekor Papazyan. 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 | Macron honors Charles Aznavour on 100th anniversary French President Emmanuel Macron has paid tribute to the memory of French-Armenian crooner Charles Aznavour. Erdogan’s approval rating falls below 40 percent: survey A total of 53.4 percent of respondents said they disapprove of the performance of Erdoğan. Blinken says U.S. reviewing a number of aid requests from Armenia He said the U.S. is reviewing the requests to determine what more it can do to increase its assistance to Armenia. At least 2 CSTO members participated in preparing 44-day war against Armenia – PM Nikol Pashinyan has declared that at least two CSTO member countries participated in preparations for the 44-day war against Armenia. |