Central Bank of Armenia: exchange rates and prices of precious metals – 21-04-20

Save

Share

 17:56,

YEREVAN, 21 APRIL, ARMENPRESS. The Central Bank of Armenia informs “Armenpress” that today, 21 April, USD exchange rate is down by 1.65 drams to 480.87 drams. EUR exchange rate is down by 3.96 drams to 520.93 drams. Russian Ruble exchange rate is down by 0.21 drams to 6.28 drams. GBP exchange rate is down by 8.31 drams to 593.49 drams.

The Central Bank has set the following prices for precious metals.

Gold price is down by 187.97 drams to 26069.2 drams. Silver price is down by 0.96 drams to 234.22 drams. Platinum price is down by 56.83 drams to 12043.6 drams.

Nearly 700 Armenian citizens to return to Armenia in the nearest days

Save

Share

 18:32,

YEREVAN, APRIL 21, ARMENPRESS. Nearly 700 Armenian citizens will return to Armenia by 3 flights to be organized in the nearest days, ARMENPRESS reports Foreign Minister of Armenia Zohrab Mnatsakanyan said in a press conference on April 21.

From March 14 until now 22 thousand Armenians have returned.

State of emergency has been prolonged until May 14. Strict limitations on people’s movement has been imposed.

Edited and translated by Tigran Sirekanyan

Denied justice cannot be solution to the issue – FM Mnatsakanyan about Armenian Genocide

Save

Share

 17:50,

YEREVAN, APRIL 21, ARMENPRESS. The international recognition of the Armenian Genocide remains one of the priorities of Armenia’s foreign policy agenda, ARMENPRESS reports Foreign Minister of Armenia Zohrab Mnatsakanyan said in a press conference on April 21.

”Denied justice cannot be a solution to the issue. 105 years ago the Armenian people were left alone with criminals. It was supposed that the Armenian people should be exterminated, but today they are victorious, because they exist, prosper, are successful and has statehood and Diaspora. But the denied justice remains a wound and a serious challenge and the Armenian people will continue to struggle’’, Mnatsakanyan said.

The Minister noted that the recognition of the Armenian Genocide is also a preventive measure, since unpunished crime can be repeated.

On April 24 the Armenian Genocide Memorial will be closed for all visitors aimed at preventing the spread of the novel coronavirus in the country. Other events are planned to take place to pay homage to the memory of the victims of the genocide.

At 21:00 on April 23, church bells will ring and simultaneously the street lights in Yerevan and other major cities will be switched off. “We will ask our citizens also to switch off the lights of their homes and use the mobile phone display light out of their windows to symbolize the united presence near the Eternal Flame. The luminous commemoration moment will have its symbolic response from Tsitsernakaberd, where Kamo Seyranyan and Liana Alexanyan will perform the Ari Im Sokhak song,” Chief of Staff of the Prime Minister’s Office Eduard Aghajanyan said at a news conference.

Starting 08:00 on April 24th, citizens in Armenia can send an SMS on the 1915 number, and on 0037433191500 for citizens sending from abroad, with their names to affirm their remote participation in the commemoration. “The names of people sending the messages will be screened on the pillars of the memorial,” he said.

State of emergency has been prolonged until May 14. Strict limitations on people’s movement has been imposed.

Edited and translated by Tigran Sirekanyan

Armenia plans to organize 4th Global Forum Against the Crime of Genocide

Armenia plans to organize 4th Global Forum Against the Crime of Genocide 

Save

Share

 18:10,

YEREVAN, APRIL 21, ARMENPRESS. Armenia plans to hold the 4th Global Forum Against the Crime of Genocide this year, ARMENPRESS reports Foreign Minister of Armenia Zohrab Mnatsakanyan said in a press conference on April 21.

”We plan to hold the 4th Global Forum Against the Crime of Genocide this year. This is already a permanent platform for consolidating the expertise potential of the international community and working and developing the tool kits that foster the implementation of preventive measures of genocides at national and international levels”, Mnatsakanyan said.

On April 24 the Armenian Genocide Memorial will be closed for all visitors aimed at preventing the spread of the novel coronavirus in the country. Other events are planned to take place to pay homage to the memory of the victims of the genocide.

State of emergency has been prolonged until May 14. Strict limitations on people’s movement has been imposed.

Edited and translated by Tigran Sirekanyan

93-year-old Armenian overcomes coronavirus

Save

Share

 19:20,

YEREVAN, APRIL 21, ARMENPRESS. Over 50 citizens aged above 70 have overcome coronavirus in Armenia. Responding to inquiry of ARMENPRESS, the Health Ministry of Armenia provided age data of the recovery cases.

The oldest to overcome the disease in Armenia is a 93-year-old woman. Initially her health condition was moderate but gradually she moved for better. The next oldest to recover the disease is aged 90, followed by a woman aged 88. Oldest man to overcome the disease is aged 86.

State of emergency has been prolonged until May 14 in Armenia. Strict restrictions are imposed on people’s movement.

By 11:00, April 21 Armenia confirmed 1401 cases. 24 people have died, 609 have recovered. There are still 768 active cases. Nearly 14 thousands tests have been done so far.

Edited and translated by Tigran Sirekanyan

India sends medical aid to Armenia

India sends mediacal aid to Armenia

Save

Share

 19:51,

YEREVAN, APRIL 21, ARMENPRESS. Foreign Minister of Armenia Zohrab Mnatsakanyan had a telephone conversation with his Indian counterpart Subrahmanyam Jaishankar. ARMENPRESS reports Jaishankar tweeted about his conversation with the Armenian FM, noting that the medical aid sent by India to Armenia is expected to arrive soon.

”I had a warm conversation with the Foreign Minister of brotherly Armenia Zohrab Mnatsakanyan. We discussed the strengthening of our friendship even at the time when we are fighting against coronavirus. We appreciate Armenia’s careful attitide towards the Indian students studying iin Armenia. We expect our medical aid to arrive soon”, Subrahmanyam Jaishankar wrote.

Edited and translated by Tigran Sirekanyan

IFC invests €18.5 million in EFSE to boost lending to MSMEs in the ECA Region

IFC invests €18.5 million in EFSE to boost lending to MSMEs in the ECA Region  

Save

Share

 18:36,

YEREVAN, APRIL 21, ARMENPRESS. The International Finance Corporation (IFC), a member of the World Bank Group, is investing €18.5 million in the European Fund for Southeast Europe SA, SICAV-SIF (EFSE). The facility will be used for on-lending to micro, small, and medium enterprises (MSMEs) through banks and microfinance institutions in fourteen European and Central Asian (ECA) countries. EFSE is the largest regional debt facility financing MSMEs in the region, ARMENPRESS was informed from the IF

IFC’s investment will increase access to finance for underserved people in the ECA region. The end-beneficiaries of this will be MSMEs and people that currently have limited, unreliable, or no access to finance.

MSMEs are engines of economic growth and important drivers of jobs in the ECA region. Access to finance remains a key barrier to their growth. Research shows that 27 percent of formal MSMEs in ECA have unmet financing needs, with the finance gap in the region estimated at around $740 billion. IFC’s investment will foster greater market competitiveness, demonstrate the viability of local-currency financing, and enable product innovation among lenders.

The investment gains special significance due to the COVID-19 pandemic and its disastrous impact on MSMEs in the region. These businesses now need urgent support to survive the downturn and preserve jobs.

IFC has been a long-standing partner to EFSE since its inception in 2005 and has supported the Fund over several projects. EFSE’s Chairperson Christoph Tiskens said, “We have been promoting financial inclusion and local currency financing in the region for 15 years. EFSE is pleased to continue working with valuable partners like IFC to generate positive impact by investing in the success of the region’s economic backbone: micro and small enterprises.”

Commenting on the investment, Vittorio Di Bello, IFC’s Regional Industry Head, said, “The project will support sustainable financial service providers that address the needs of the underserved MSME segment, including through local currency funding, while enhancing operational capacity and sustainable performances of EFSE’s investee companies. This investment will contribute to IFC’s continuing implementation of the World Bank Group’s financial inclusion strategy.”

 

IFC—a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work with more than 2,000 businesses worldwide, using our capital, expertise, and influence to create markets and opportunities where they are needed most. In fiscal year 2019, we delivered more than $19 billion in long-term financing for developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity.

SRC publishes list of top 1000 tax payers of Armenia

Save

Share

 20:26,

YEREVAN, APRIL 21, ARMENPRESS. The State Revenue Committee of Armenia has published the list of top 1000 tax payers of Armenia. ARMENPRESS reports in the 1st quarter of 2020the taxes paid by the top 1000 tax payers amounted to 245 billion and 633 million AMD.

The largest taxpayer in Armenia is “Gazprom Armenia”. The company paid 17.7 billion AMD taxes.

“Grand Tobacco” ranks second. The company over 15 billion AMD taxes.  

International Masis Tabak ranks 3rd with over 5 billion AMD payments.

CPS Oil is the 4th with over 4 billion AMD payments and MTS Armenia is the 5th – over 3.8 billion AMD payments.

Edited and translated by Tigran Sirekanyan

Civil Contract Party convenes board meeting – PM Pashinyan also present

Save

Share

 21:06,

YEREVAN, APRIL 21, ARMENPRESS. The Civil Contract Party has convened a board meeting. ARMENPRESS reports the meeting is behind doors and PM Pashinyan also participates.

Only board members have information about the agenda of the meeting.

Minister of Territorial Administration and Infrastructures Suren Papikyan is the Board Chairman of the Party. PM Pashinyan is a board member.

Edited and translated by Tigran Sirekanyan

Over 974 million AMD donated to anti-coronavirus efforts in Armenia

Save

Share

 21:27,

YEREVAN, APRIL 21, ARMENPRESS.  The Ministry of Finance informs that a total of 974 million and 163 thousand drams has been donated to the Armenian government for its anti-coronavirus efforts, ARMENPRESS reports the government said.

The treasury account (900005001947) was opened on March 17th for citizens and organizations willing to make donations.

The government said a total of 3845 payments were made since.

Edited and translated by Tigran Sirekanyan