By Vigen Margaryan YEREVAN, January 25 – According to http://www.foreignassistance.gov, the Republic of Armenia will get a $45 million assistance from the US government for economic and social development. Armenia will get this amount for six main directions: “Peace and stability – $9,4 million, development of “democracy, human rights and governance”–$13.2 million, “healthcare” –$5,9 million, [...]

By Vigen Margaryan YEREVAN, November 18 – “Russia is ready to develop cooperation with the Republic of Armenia, including the assistance to Armenia’s economy,” said the Russian Prime Minister Vladimir Putin during the meeting with the Armenian President Serge Sarkisian on Wednesday in Moscow. “We are ready for further cooperation in this direction. We know [...]

By Adonia Agayan YEREVAN, October 1 — Yesterday Guillermo Tolosa, the International Monetary Fund (IMF) Resident Representative in Armenia, announced that the fund will allocate the Republic of Armenia about $56 million by year’s end. He said that on September 9-24 the IMF Mission headed by Ratna Sahay, the Deputy Director of IMF Middle East and Central [...]

By Alexander Tagvoryan YEREVAN, September 28 – The European Bank for Reconstruction and Development (EBRD) is going to realize 20 programs worth about €50 million in the Republic of Armenia in 2010, the representative of EBRD Yana Sivkova informed. “About 12-14 of the 20 provided programs are going to be released in the financial sector, [...]

By Adonia Agayan YEREVAN, September 24 — Serge Sarkisian, the President of the Republic of Armenia, highly appreciated ACBA-Credit Agricole Bank’s participation and investment in Armenia’s banking system. At the meeting with Jean-Marie Sander, the Chairman of ACBA-Credit Agricole Bank, the president said that the bank greatly participates in Armenia’s economic life, particularly in the sphere [...]

By Alexander Tagvoryan YEREVAN, September 17 – The Republic of Armenia will complete the year with positive economic indicators, but it is unlikely to be able to make up all the losses from 2009, the President of Armenia Serge Sarkisian said. “Unfortunately, everything isn’t going smoothly now, too. Nature doesn’t pamper us, and though we [...]

By Alexander Tagvoryan YEREVAN, September 16 – The 2010 state budget deficit of the Republic of Armenia will not exceed 4 percent, although it was expected to be 6 percent, the Minister of Finance Tigran Davtyan informed. “Today, the main task of the government is to reduce the budget deficit. This year’s deficit was planned at 6 percent [...]