Economy

Garbage removal concept approved by Armenian government

YEREVAN, February 1. /ARKA/. Armenian government has approved the concept of garbage removal in Yerevan.

On Friday, Armenian Economy Minister Nerses Yeritsyan, speaking at the cabinet’s meeting, said that problems related to garbage removal were mentioned in the concept.

Yeritsyan expressed hope that the concept also contains the list of measure to be taken for ridding Yerevan of garbage.

In this concept, Yerevan’s territory is divided into two parts. Each of these parts will be cleaned by a concessionaire company chosen through tender.

The minister said that concession agreements will be signed for up to eight years, to give these companies time to get back the invested money.

It is very important, he said, to list all the streets, squares and other sites of Yerevan.

Otherwise, the city won’t be cleaned properly.

Yeritsyan said that under the schedule included in the concept, garbage removal companies start operating in Yerevan.

They will place dustbins in the streets, clean pavements and remove garbage from apartment blocks.

The minister said that the concept was worked out under support from one of the World Bank’s agencies.

Armenian Prime Minister Tigran Sargsyan said he finds it useful to involve municipalities of Gyumri and Vanadzor in elaboration of this concept, since similar measures will be taken there later. M.V.-0---
 

 

 

01/02/2010 21:08



Market USD exchange rates
Market EUR exchange rates
Market exchange rates 12/03/2010
Currency Symbol Unit Rate Changes
USA Dollar USD 1 392.62 1.21
Euro EUR 1 540.01 5.34
Russian Rоublе RUR 1 13.40 0.11

Favorable еxchange rates of banks 12/03/2010
Currency Buy Sell
USD 391.5
Armenian Development Bank
394
ACBA-CREDIT AGRICOLE BANK
Araratbank
Byblos Bank Armenia
Conversebank
ProCreditBank
“ArmSwissBank”
Euro 534
"VTB Bank (Armenia)"
ACBA-CREDIT AGRICOLE BANK
Ameriabank
Prometey Bank
“ArmSwissBank”
541
ACBA-CREDIT AGRICOLE BANK
Cascade Bank
“ArmSwissBank”
RUR 13.2
"VTB Bank (Armenia)"
Ardshininvestbank
BTA Bank
Prometey Bank
13.35
ProCreditBank

Macroeconomics
Indicator Term Figures
economic growth,% 2009-12 85.6
GBP, billion AMD 2009-12 3165.5
inflation, % 2010-01 101.7
Budget deficit (proficit), bln AMD 2009-12 148.3
trade deficit, mln USD 2009-12 -2606.4
foreign trade turnover, mln USD 2009-12 4001.9
foreign trade turnover, % 2009-12 73
Gross External Reserves, mln. USD 2009-12 2003.41
Monetary base, billion AMD 2009-12 511.7
Money supply, billion AMD 2009-12 815

Financial market
Indicator Term Figures
Anual interests on loans
Legal entities in AMD 2010-01 14.8
Legal entities in USD 2010-01 13.5
Individuals in AMD 2010-01 22
Individuals in USD 2010-01 17.6
Anual interests on deposits
Legal entities in AMD 2010-01 6.5
Legal entities in USD 2010-01 5.4
Individuals in AMD 2010-01 9.1
Individuals in USD 2010-01 5.3
Annual profitability
state stock of CBA, % 2008-08 8
fiscal stock of Armenia, % 2010-01 8.8

The percents of the CBA
Indicator Term Figures
Banking rate 2010-03 13
Repo 2010-03 6.5
Credit 2010-03 9.5
Depo 2010-03 3.5



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