  Government forecasts economic growth of 3.2% in 2017 October 4, 2016 - 16:41 AMT PanARMENIAN.Net - The Armenian government is expecting a 2.4% economic growth this year instead of the previous forecast of 2.2%, the newly-appointed Finance Minister said on Tuesday, October 4. A further economic growth of 3.2% is expected in 2017, Vardan Aramyan said, according to Tert.am. “The Prime Minister’s assessment of the economy situation in Armenia must be accepted as a reality, but this doesn’t mean we should be having bad expectations from the future,” the Minister said. According to him, remittances to Armenia decreased by some $700 million in 2014 and 2015. A further reduction of some $140 million is expected to be registered in 2016, 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 Czech-Armenian military cooperation discussed in Yerevan  A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia.U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel.Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |
