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European Commission adopts proposal for new Macro-Financial Assistance operation of up to €150 million for Moldova
Following a request by the Republic of Moldova, the European Commission said it has adopted today a proposal for a new Macro-Financial Assistance (MFA) operation of up to €150 million, out of which up to €30 million would be provided in grants and up to €120 million in medium-term loans at favorable financing conditions.GeoPromining Gold denies reports about ‘missing’ 500 kg of gold
GeoProMining Gold, a Russian company, developing the Sotk gold mine in Armenian Gegharkunik region, denied today local media reports claiming that a study by the State Subsoil Inspectorate revealed that 550 kg of gold ‘were missing.’UAE-registered Access Infra Central Asia Ltd plans to invest $150 million in construction of a wind farm in Armenia
The United Arab Emirates-registered Access Infra Central Asia Limited plans to invest $150 million in the construction of a wind farm in Armenia, energy infrastructure and natural resources minister Ashot Manukyan said at a government meeting on Thursday.Armenia halves the ceiling for VAT refund to foreign nationals
Under an Armenian government-proposed change to Tax Free law, foreigners who will make purchases in Armenia worth 50,000 drams and more will get the VAT refund at airports when flying back home or when crossing the Armenian overland border, the State Revenue Committee said today.Armenian parliament ratifies IBRD $50 million loan agreement
An extraordinary meeting of the Armenian parliament on Friday has ratified an agreement signed with the International Bank for Reconstruction and Development (IBRD) on December 9, 2016 whereby IBRD will provide Armenia with a $50 million.Armenian halves ceiling for VAT refund to foreign nationals
Under an Armenian government-proposed change to Tax Free law, foreigners who will make purchases in Armenia worth 50,000 drams and more will get the VAT refund at airports when flying back home or when crossing the Armenian overland border, the chairman of the State Revenue Committee Vardan Harutyunyan said today.Contour Global to attract $150 million to upgrade Vorotan hydropower plant
Armenia’s Public Services Regulatory Commission (PSRC) has approved the decision of US-based Contour Global company to attract a $150 million loan for the modernization of Vorotan cascade of hydropower plants, located in southern Armenia.Armenia and world bank sign US$50 million development policy finance operation to support government’s reforms program
Armenia and the World Bank signed December 8 a US$50 million development policy finance operation to support the Government’s reforms program across key economic areas, the WB reported.Armenia and Asian Development Bank sign $50 million loan agreement for repair of M6 highway
Armenia and the Asian Development Bank (ADB) signed on Wednesday a $50 million loan agreement to improve the transport efficiency and safety of the M6 Highway from Vanadzor in Armenia to the border with Georgia at Bagratashen, one of the most strategic roads for internal and external trade, Armenian ministry of finance said.About 10,000 young men and girls enroll in Armenian universities
According to the final results of university admission exams, 9,520 school-leavers have been enrolled in state-owned universities this year, the local daily ‘Haykakan Zhamanak’ (Armenian Time) says, citing the data provided by the ministry of education and science.Over 150 million euros invested in Armenia’s financial sector in 12 months, central bank chairman
Over 150 million euros have been invested in Armenia’s financial sector in 2015 and early 2016, the chairman of the Central Bank Arthur Javadyan said on Thursday.According to him, there are no small and sick banks in the country and the consolidation of some banks is already showing positive results.USAID to provide Armenian government with $750,00 grant for implementation of anti-corruption program
The U.S. Agency for International Development (USAID) will provide the Armenian government with a grant of $750,00 to assist it in the implementation of the anti-corruption program, chief of government staff David Harutyunyan said at today’s session of the Cabinet.| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
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