ArmInfo.Within the framework of "The Power of one dram" initiative, AMD 3,500,572 were donated to the "SOS-Children's Villages" Armenian charity foundation in August. This means that during the month of August, 3,500,572 payments were made with the Idram&IDBank application, the IDBanking.am and Idram.am websites, and the terminals of the two companies.

ArmInfo.The European Union will provide the Armenian government with 32 million euros to improve the  quality of teaching and modernize STEM laboratories in 337 schools in the country. On August 31, the Cabinet of Ministers approved the draft Presidential Decree "On Approval of the Financing Agreement "EU  Support to Education in Armenia", signed between the Republic of  Armenia and the European Commission on April 27, 2023 in Brussels and  August 1, 2023 in Yerevan."

ArmInfo. There is progress in the energy sector of Armenia, but in general there is also a decline  in rates, despite the fact that, according to the government, solar  energy in the country is developing above the norm. atul Manaseryan,  Doctor of Economics, professor, head of the "Alternative" Research  Center, a member of the Eurasian Expert Club stated during a press  conference on August 22.

ArmInfo. The extension of operation of the Armenian NPP is estimated at $150mln, Gera Sevikyan,  Advisor to the Director General of the Armenian NPP, told ArmInfo. 

ArmInfo. Minister of Territorial Administration and Infrastructures of Armenia Gnel Sanosyan today received a delegation led by Deputy Chief Executive Officer of Russian Railways  OJSC, Chairman of the Board of Directors of South Caucasian Railways  JSC Vyacheslav Pavlovsky.

ArmInfo. Today, major construction is the most visible and driving force of our economy. Compared to  last year, we have a 17% growth. But the problem is that the demand for it, as well as the potential, is much higher, Prime Minister Nikol Pashinyan said on August 11, speaking at an event dedicated to  the Builder's Day.

ArmInfo.The Armenian government will provide benefits to GNC Alfa (a subsidiary of Rostelecom). The draft decision "On the approval and promotion of the investment  program presented by GNC-Alfa CJSC within the framework of the  "Infrastructure in exchange for investment" measure was approved on  August 3 at a meeting of the Cabinet.

ArmInfo.Andranik Grigoryan, the CEO of Converse Bank, addressed key topics in an interview with AmCham magazine, including customer interests, digital financial services improvement, and Converse Bank's digital team organization. Read the full interview with Andranik Grigoryan.

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ArmInfo. Armenia's government has approved amendments to the "Seismic Safety Improvement Programme: loan on results", which is being implemented with the sponsorship of the Asian Development Bank (ADB).

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ArmInfo.The initiative of Idram and IDBank "The Power of One Dram" is already 3 years old. During this period, the companies have collected more than AMD 128 million to more than 20 funds and contributed to the implementation of strategically important projects. According to Mher Abrahamyan, Chairman of the Board of IDBank, “The Power of One Dram” initiative during this period proved to be a successful program of corporate social responsibility.

ArmInfo.The Power of One Dram will be directed to the treatment of children with epilepsy in May. Beneficiary "Path of Life" NGO provides children with epilepsy with diagnosis, medication and necessary treatment.

ArmInfo. The Armenian Environmental Front initiative of volunteers and Green Armenia NGO  issued a statement, which reads: 

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