  RPA member calls industry a locomotive of Armenia’s economy June 1, 2011 - 15:46 AMT PanARMENIAN.Net - In May 2011, Armenia’s economic activity index was 7,7%; a double industrial growth was reported against the same period in 2010. At news conference in Yerevan, the chairman of the RA National Assembly Standing Committee for Financial, Credit and Budgetary Affairs Gagik Minasyan characterized industry as a locomotive of Armenia’s economic growth. As he noted, the growth became possible due to Armenian authorities-conducted anti-crisis policy. Minasyan believes that the collective indices of January – April 2011 economic activity to be later published by National Statistical Service won’t be below 3,5%. The national budget envisages 4,6% GDP growth and 4% (±1,5%) inflation.   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. |
