

YEREVAN, September 5. / ARKA /. Of the 1.1 thousand students, only 300-350 moved to other schools from 13 Armenian universities dispossessed of their licenses, Deputy Minister of Education and Science of Armenia Ara Avetisyan told the journalists on Friday in the Novosti International Press Center.
According to the results of the inspections, in February 2009, 13 commercial and private universities received suspended licenses to operate in Armenia.
In those 13 schools, there were about 1.1 thousand students.
As the deputy minister noted, from 1109 students, only about 500-600 people submitted transfer applications. Only 300-350 students were directly involved in the transfer process.
"The other students did not request a transfer to other colleges, which I think is because it would reveal who they were," Avetisyan said.
According to him, from about 600 applicants, students who were unwilling to be transferred in the format prescribed by law were not transferred at all.
Armenia has 17 public universities and 50 non-state higher educational institutions, not including branches of foreign universities and universities with the state participation. A.B. –0-
$4.8 will be allocated for obtaining new textbooks for Armenian high schools
Armenian science not to face funding cutback
Armenian President discusses education reformation with chancellors of state universities
Armenia should not fall behind global processes in education sector – Ministry of Foreign Affairs
Funding of Armenian science is planned to increase 10 times by 2020 up to 2% of GDP of the country
Armenian government to allocate 8.3 billion drams to fund scientific research in 2010
Prime minister: yerevan state university into one of best universities of world
Memorandum on cooperation in education sector signed in Armenia
Armenian science ministry, National Academy of sciences unveil science development project
South-Caucasian railways to cooperate with state engineering university of Armenia
Deputy Minister: of 1.1 thousand students only 300-350 moved to other schools
Slavonic University, South Caucasus railroad open leadership school in Armenia
Cypriot universities offer scholarships for Armenian students

| 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 |