Economy

When Will the Amulsar Mine Operations Resume?

When Will the Amulsar Mine Operations Resume?

The Ministry of Economy has yet to clarify the sources of the $250 million funding outlined in the tripartite agreement for the operation of the Amulsar mine. According to News.am, it is only known that $100 million will be invested by the Eurasian Development Bank.

In response to the inquiry about which local bank will invest $50 million and the sources of the remaining $100 million, the Ministry of Economy stated, "The local bank responsible for the $50 million investment will be determined in subsequent stages. The sources for approximately $100 million will also be clarified later on."

It is not yet known when

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