2,6% GDP growth reported in Armenia in January-November 2010December 20, 2010 - 13:54 AMT PanARMENIAN.Net - The GDP in Armenia grew by 2,6% in January-November 2010, compared with 2009, to total AMD 3104,5 billion. 5,4% slump was observed in November, compared with October results. The upsurge in consumer prices in January-November 2010 was 8,1% against 2009 indices. Inflation in November 2010 was 1,6%, National Statistical Service of Armenia reported. This year, budget-stipulated economic growth was 1,2%, inflation was set at 4±1,5%. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |