Private remittances to Armenia totaled $616.9mln in January-June 2010August 5, 2010 - 17:56 AMT PanARMENIAN.Net - $616.9mln was transferred to individuals through the Armenian banking system in January-June 2010. According to the RA Central Bank’s monthly bulletin, 3% or $17.7mln growth was recorded as compared with the same period of last year. Meanwhile, Russia keeps the biggest share of remittances to Armenia - $402.7mln, followed by the U.S. - $61.8mln and Germany - $10.1mln. The amount of remittances from Turkey totaled $1.12mln. Besides, the amount of remittances from Armenia totaled $311.7mln in January-June 2010 that is 20.3% higher as compared with the same period of last year. During the reporting period, the net cash inflow decreased by 10.2% amounting to $305.2mln against $340mln in January-June 2009. 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 | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |