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Daily Archives: Apr 3, 2013

World Bank Group president calls for a world free of poverty

Calling for ambitious new goals to help the most vulnerable, World Bank Group President Jim Yong Kim outlined a bold agenda for the global community

3% year-on-year inflation recorded in Armenia in 1st Q 2013

Armenia has recorded a three-percent year-on-year inflation in the first quarter of this year, Gagik Minasyan, head of the National Assembly’s finance committee, said on Wednesday

Anelik Bank to offer express student loans without guarantor

Anelik Bank, adhering to the policy of expanding student loan accessibility, will now offer Express student loan to the students with a good credit policy without any guarantor

Armenia’s Central Bank auctions 1- billion- dram short-term government treasury bonds

Armenia’s Central Bank said Wednesday it had auctioned 1-billion- dram worth short-term government treasury bonds of AMGT39011141 issue with a 39-week maturity period

Armenia’s Finance Ministry buys long-term government treasury bonds at AMD 1 bln

Armenia’s Finance Ministry purchased today the long-term government (treasury) bonds of AMGB20072283 issue valued at 1 billion drams, the Central Bank said Wednesday

Russia’s Ministry of Finance not to tax deposits additionally

Russia’s Finance Ministry didn’t support the idea of taxing the deposits additionally, Minister Anton Siluanov said, Russian RIA Novosti reports.At present, interest income is not taxed if it doesn’t hit over +5% refinancing rate. “After debates at Ministry of Finance we decided not to introduce any additional taxes on deposits. We decided to reject that idea,” Siluanov said.