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Transfers From Abroad In Armenia Reduced - Economist

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  • Transfers From Abroad In Armenia Reduced - Economist

    TRANSFERS FROM ABROAD IN ARMENIA REDUCED - ECONOMIST

    news.am
    August 09, 2012 | 16:41

    YEREVAN. - Transfers from abroad into Armenia have reduced, British
    Economist reports.

    The analysts state that transfer volumes sent by the Armenians working
    abroad have regularly reduced since last year. It made two percent
    this April.

    The analysts also claim that majority of private transfers come from
    Russia, and reduce of volumes is due to the existing instability in
    Russian economy.

    It is noteworthy that the British journal published the report on
    the very same day when Russian President Vladimir Putin was speaking
    with his Armenian counterpart Serzh Sargsyan about significant money
    transfers from Russia in Armenia. Besides, those transfers were making
    favorable influence on Armenia's economy, Radio Liberty reports.

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