  2012 first half macroeconomic outcomes summarized in Armenia August 2, 2012 - 13:23 AMT PanARMENIAN.Net - In the first half of 2012, Armenia’s economic activity index increased by 7,8%, as compared with the same peroid of 2011, Finance Minister said. According to Vache Gabrielyan, 13% growth was recorded in industry sector, with 8,1 % increase observed in the field of agriculture. "12% growth was noted in the service sector in 2012 first half, " he said. Minister Gabrielyan further forecast 4% inflation rate, with 1,5% deflation registered in Armenia on monthly bases. "2,2%inflation rate was observed in July 2012, compared with the same peroid of last year, " he said.   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 Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty  Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza.Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations.Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |
