  Remittances to Armenia amounted $772,4mln in January-July 2011 September 16, 2011 - 11:24 AMT PanARMENIAN.Net - Remittances at the amount of $772,4mln were received by physical persons in Armenia in January-July 2011. According to the CBA monthly bulletin, the figure increased by 25% ($154,4mln) compared to the same period in 2010. Besides, 18,4% growth was recorded in the amount of remittances from Armenia, totaling $141,2mln in January-July 2011 against $119,2mln during the same period in 2010. The net cash inflow increased by 26,5% during the reporting period, amounting to $631,2mln against $498,8mln in January-July 2011. The largest amount of remittances was received from Russia ($557,8mln), followed by the U.S. ($23,6mln) and Kazakhstan ($10,1mln).   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 |  Latest news Ucom Celebrates Telecommunication Day  May 17 commemorates the founding of the International Telecommunication Union on May 17, 1865.Armenian, Azerbaijani heads of parliament meet in Switzerland President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova.Border residents overnight on highway to protest Armenia’s Residents of Kirants continue to express outrage over the government’s decision to cede land to Azerbaijan.Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. |
