  Private remittances to Armenia totaled $1 547mln in 2011 February 7, 2012 - 15:36 AMT PanARMENIAN.Net - $1 547 mln was transferred to individuals through the Armenian banking system in January-December 2011. According to the RA Central Bank’s monthly bulletin, 19,6% increase was recorded as compared with the same period of last year, with private remittances totaling $166,4 mln. in December 2011. Besides, the amount of remittances from Armenia increased by 19,3% to total $264,6 mln in January-December 2011 against $221,8 mln. of the same period of 2010. During the reported period, the net cash inflow increased by 19,6% amounting to $1 282,4 mln against $1 072 mln in January-December 2010. Meanwhile, Russia keeps the biggest share of remittances to Armenia - $1153,8 mln, followed by the U.S. - $47 mln, Kazakhstan - $18,8 mln and Ukraine - $8,8.
  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 “Great success”: Pashinyan pleased with new border protocol  Pashinyan has described the signing by Armenia and Azerbaijan of a protocol on delimitation in Tavush as “a great success”.Armenia, Azerbaijan sign protocol on demarcation coordinates Armenia’s government took on May 15 another step towards handing over four border areas to Azerbaijan.U.S. warns Georgia not to side with Moscow against the west Georgia has been warned by the U.S. not to become an adversary of the west by falling back in line with Moscow.Power of One Dram sums up two-year program with Teach for Armenia Idram Junior also joined the companies during the visit, bringing with it a fascinating intellectual game for children |
