  CBA predicts 4,1-5,7% GDP growth in Armenia in 2011 February 5, 2011 - 13:16 AMT PanARMENIAN.Net - The Central Bank of Armenia predicts 4,1-5,7% GDP growth in Armenia in 2011. Industry will witness a 6-8% added value increase conditioned by growth in mining and metallurgical industry indices. 2-4% growth is expected in construction industry due to the planned construction works in energy, agriculture, transport and communication sectors. 7-9% growth will be presumably registered in agriculture, including livestock sector and crop production.   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 |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
