Fri, 30 January
-1.9 C
Yerevan
USD: 378.64 RUB: 4.98 EUR: 451.38 GEL: 140.77 GBP: 520.55

“SOS Children’s Villages” Foundation and AraratBank signed a cooperation agreement

YEREVAN, December 9, /ARKA/. On December 8, the agreement was signed between Spartak Sargsyan, National Director of SOS-Children’s Villages and Mher Ananyan, Chairman of the Executive Board of ARARATBANK OJSC within the framework of which the bank will finance the canteen of Day Care Centre of “Socioeconomic Integration of Syrian-Armenian Families in Yerevan” project for one year.

SOS Armenia is implementing the project “Socioeconomic Integration of Syrian-Armenian Families in Yerevan” from 1 October 2019 to 31 December 2023, which aims to improve the socio-economic integration of Yerevan-based, vulnerable Syrian-Armenian families who have fled Syria into Armenian society.

The direct target group of the project consists of 400 vulnerable Syrian-Armenian families. The objectives of the Project is to improve the psychosocial situation of beneficiary families, develop the employability skills of socio-economically marginalised Syrian-Armenian families, improve the level of education of Syrian-Armenian children and ensure their integration into the Armenian education system, ensure that the rights of Syrian Armenians with regard to socio-economic participation are effectively represented, strengthen the skills of local government and civil society professionals in working with vulnerable groups.

In order to make easier for project participants with children to take up economic activities and to support the integration of the children through high-quality education and care, SOS Armenia has set up a Day Care Centre with two groups for a total of 50 children: (20 pre-school children aged between 3-6 and 30 schoolchildren aged between 7-11 years). -0-

spot_img

POPULAR

WB: In November 2025, net non-commercial money transfers to armenia grew by 28.8 percent yoy

In November 2025, net non-commercial money transfers grew by 28.8 percent (yoy), , according to World Bank's 'Armenia Monthly Economic Update – January 2026.'

Armenia’s gross reserves rose to $5.1 billion in December, providing 4.1 months of import coverage – WB

In December 2025, the AMD/USD exchange rate appreciated slightly on average, compared to the previous month.

Euro rises 4.49 points against  Armenian dram, while  dollar and ruble fall – Central Bank

The average market exchange rate of the US dollar to the Armenian dram on January 25, 2026, fell 0.21 points compared to January 23, to 379.07 drams.

Armenia’s commercial banks paid 162.14 billion drams to the state budget in 2025

All 17 commercial banks operating in Armenia were included in the list of the top 1,000 taxpayers in 2025, having paid a total of 162.14 billion drams to the state budget.

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img