Tue, 8 April
15.1 C
Yerevan
USD: 391.14 RUB: 4.55 EUR: 428.65 GEL: 142.05 GBP: 501.60
spot_img

Armenian government earmarks 1.2 billion drams as compensation for depreciated soviet time bank deposits

YEREVAN, November 7. /ARKA/. The draft budget of the Armenian government for 2019 has earmarked 1.2 billion drams to be paid as compensation for Soviet time depreciated bank deposits.

According to acting deputy minister of labor and social affairs Arsen Manukyan, the compensation will be paid to those citizens who were born before December 31, 1933, as well as to social groups stipulated by a special law.

The procedure for the payment of the depreciated bank deposits was approved by a law adopted in 2006. The law applies to those deposits that were placed before June 10, 1993.

The compensations are paid only to those persons who, from July 1, 2005 to April 1, 2006, were included in the lists of families eligible to social benefits. The first in row are persons over 70. ($1 – AMD 487.88). –0-

spot_img

POPULAR

Armenia discusses bankruptcy reforms with ADB and AFD

Reforms of Armenian legislation in the field of bankruptcy were discussed at a meeting between Deputy Minister of Justice of Armenia Tigran Dadunts and representatives of the Asian Development Bank (ADB) and the French Development Agency (AFD).

Average AMD/USD exchange rate in March was 1.9% lower than a year ago

In March 2025, the average AMD/USD exchange rate was 392.8, which is 1.9% lower than in March 2024 (400.4 AMD), the National Statistical Committee reports.

Banks and SMEs discuss prospects for cooperation (VIDEO)

The Union of Armenian Banks, in collaboration with the German-Armenian Fund, brought together representatives of the financial sector to conduct an important dialogue between banks and SMEs, summarize the past year, and plan for future work.

Dollar, Euro And Ruble Exchange Rates Slightly Decrease Against Dram

The average market exchange rate of the US dollar to the Armenian dram on April 4, 2025, dropped by 0.1 points compared to April 3 and amounted to AMD 391.22.

Draft law on crypto assets to be submitted to Armenian parliament in coming weeks – Deputy Chairman of Central Bank

The draft law on crypto assets, developed by the Central Bank of Armenia in the context of European norms, will be submitted to the Armenian parliament in the coming weeks, said Deputy Chairman of the Central Bank Armen Nurbekyan.

LATEST NEWS

spot_imgspot_imgspot_img