Rostelecom supports the project on providing children’s rehabilitation services in Meghri

YEREVAN, February 28 /ARKA/. Emphasizing the role of social sector projects, Rostelecom Armenia has raised AMD 3 million for Arabkir United Children’s Charity Fund to provide development and rehabilitation services for children in Meghri Regional Medical Center, Rostelecom’s press service reports.

There are 2,500 children in Meghri district, of whom 200-250 have various developmental disorders.

The project includes construction and renovation, furnishing, creating conditions for appropriate medical care, and training specialists at the Meghri Regional Medical Center.

“We are pleased to announce that Rostelecom Armenia is once again participating in a very important social project to provide medical assistance to children with developmental problems.

This project has received a great response from us, because as a result of its implementation, children from Meghri, Agarak and neighboring villages will have an opportunity to use multi-disciplinary rehabilitation services.

We are glad that the project was highly appreciated by the Ministry of Health of the Republic of Armenia, which expressed its readiness to realize compensation of rehabilitation services within the framework of the state order,” noted Hayk Faramazyan, General Director of Rostelecom-Armenia.

Construction work on the project has already started, its completion is expected in spring 2024. Provision of services will start in the fall of 2024.-0-

spot_img

POPULAR

Central Bank of Armenia is concerned about the outpacing growth of lending and urges banks to exercise caution

The Central Bank of Armenia considers it important for commercial banks to exercise caution when providing new loans amid the outpacing growth of lending compared to revenues, stated Central Bank Chairman Martin Galstyan.

AMX’s key goal is integration into international capital markets – CEO

One of the key goals of the Armenia Securities Exchange (AMX) is the integration of the Armenian capital market into international markets, stated AMX CEO Hayk Yeganyan.

Central Bank of Armenia expects inflation to return to the target level in the medium term

The Central Bank of Armenia expects inflation to return to the target level in the medium term, said Central Bank Chairman Martin Galstyan, answering a question from the ARKA news agency.

In Armenia, 82% of the country’s financial system assets are accounted for by the banking system – Central Bank

The assets of Armenia's banking system continue to dominate the country's financial system, accounting for approximately 82% of total assets, or approximately 12 trillion drams, said Martin Galstyan, Chairman of the Central Bank.

Central Bank of Armenia estimated “unexpected losses of banks” under a three-year stress scenario at 185 billion drams

Unexpected losses of the Armenian banking system on the horizon of three-year stress testing at the Central Bank are estimated at about 2% of risk-weighted assets, or about 185 billion drams, said Martin Galstyan, Chairman of the Central Bank of Armenia, presenting the financial stability report for 2025.

LATEST NEWS

spot_imgspot_imgspot_img