Armenia GDP grows a whopping 5,5% September 4, 2017 - 17:25 AMT PanARMENIAN.Net - Armenia's gross domestic product grew by 5.5% in Q2 of 2017, official data revealed on Monday, September 4. In the same period in 2016, the Armenian economy expanded by just 1.5%. The country registered a GDP growth of only 0.2% in 2016, far lower that the government's forecast of 2.2%. The government has predicted a 3.2% growth for 2017 but projections have changed as both the prime minister and the economy minister are hoping for a better result. GDP growth stood at 6.5% in Q1 if 2017, up by 4.4% against the same period last year.   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 Erdogan wants “realistic road map” for relations with Armenia  Turkish President Recep Tayyip Erdogan has called for a “new realistic road map” for relations with Armenia.Armenia-Azerbaijan: Experts launch work on determining coordinates Expert groups from the countries started the process of determining the coordinates based on geodetic measurements.Yerevan says did not expect CSTO in peacekeeping role Pashinyan has declared that the CSTO would be expected to come to the Armenia-Azerbaijan border as an ally of ArmeniaHenrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan. |
