// IP Marketing video - START// IP Marketing video - END

Armenia's exports grow, imports shrink in Jan 2016

Armenia's exports grow, imports shrink in Jan 2016

PanARMENIAN.Net - Armenia’s foreign trade turnover amounted to $242,4 million in January 2016, decreasing by 13,8% against the same period in 2015, the country’s National Statistical Service reports.

The exports totaled $89,2 million, up by 5,6 % against the same period last year, while imports amounted to $153,2 million, dropping by 22,2%.

The negative balance of trade thus amounted to $64 million in the reporting period.

 Top stories
Annual deflation in the country was at 1.9% in August, compared to 1.3% deflation in July, according to central bank data.
Armenia has been listed in the top 20 among the world’s most economically free countries, raking the 18th out of 159 countries and territories.
Another of the issues the PM weighed in on was corruption. He said that new committees will be established to tackle the issue.
The foreign debt makes up around $4.5 billion, including the government’s $3.99 billion and the Central Bank’s $502.4 million debts.
Partner news