  Armenia’s economic activity index grows by 7,7% in April 2011 May 20, 2011 - 13:32 AMT PanARMENIAN.Net - A 7,7% growth in economic activity index in Armenia in April 2011 was reported as compared to the same period in 2010. According to the National Statistical Service, the economic activity growth was 4% higher in April compared to March 2011. Inflation in April was 8,9% compared to the same period in 2011. Consumer prices dropped by 0,2%. The national budget envisages 4,6% GDP growth and 4% (±1,5%) inflation for 2011.   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 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. |
