As of June 1 of the current year the Armenian government paid the Asian Development Bank 163,685.99 USD as interest rate, out of which 156,564.89 USD was paid for Project 1 and 7,121.1 for the second stage of the project.
The Board of the RA Central Bank during its June 25, 2013 session decided to leave the refinancing interest rate unchanged.
The inaction of the Armenian government in regard of monitoring the investment project of North-South highway, cost the taxpayers 0,5 million USD. The Asian Bank has allotted 170 million USD to Armenia as a second trench. Because of the delay the money is still on the accounts of the Asian Bank.
Possibly Russia is letting the Armenian PM Tigran Sargsyan down in relation to the arbitration case “The Intergovernmental Bank vs. Rhinoville Property Limited” presided by judge A. Kamarov
During a recent parliamentary session convoked for the purpose of discussing tax concessions to the International School of Dilijan RPA’s Edward Sharmazanov said that the discussion reminded him of a tale for children, and the opposition was in rival for a better cover version of the tale. In fact Sharmazanov subconsciously reflected reiterated the strategy the authorities are using to blow the minds of people.
In order to insure them from possible failures the government of Armenia has lately started to apply a new method. It can be conditionally called a method of trust.
Do you hear this expression first time? You might have not heard it because they usually caress our ears by using more attractive expressions, such as a science-based economy.
Quite recently the Armenian TV channels would release a surprising statement with the following content.
In one of the previous releases of our newspaper we have adverted to the fact that Yerevan’s budget is small, the means are limited and therefore it’s impossible to expect serious projects from city authorities.
CEO Journal has made a rating list of the richest business families in Russia. The list is based on the list of dollar billionaires in Russia published in February 18. The list is headed by the families of the Gutseriyevs, Rottenbergs and Khachaturovs. T