168 Hours: Russian transfers to Armenia decline

The consequences of the sanctions against Russia are already obvious. The money transfers from Russia, which had a significant share in the Armenian budget, are declining, 168 Hours writes. 

According to data of the Central Bank of Armenia (CBA), the transfers from Russia amounted to USD 168,737 in July, which marked a decrease by USD 11.9 million compared with the same period of last year. The difference is almost twice higher as compared with June, the newspaper writes.