  Karabakh DGP grew fourfold in past 10 years October 2, 2017 - 14:30 AMT PanARMENIAN.Net - Nagorno Karabakh's (Artsakh) gross domestic product has grown fourfold in the past 10 years, adviser to Karabakh president, Tigran Abrahamyan, said in a Facebook post. According to him, Artsakh's GDP totaled AMD 70.8 million and AMD229.6 million in 2016. The government managed to register a nearly fourfold increase in 10 years, with the DGP amounting to some AMD 270 million in 2017. Economic development of Karabakh is characterized mainly by changes in the volume of production and services in the five main spheres of the republic's economy: industry, agriculture, construction, transport, and trade. The GDP annual growth rate is 10,4%. Related links:   Top stories The foreign ministers of Armenia and Azerbaijan, Ararat Mirzoyan and Jeyhun Bayramov, have arrived in Washington. The CSTO budget for the current year requires adjustments due to the refusal of Yerevan to pay their share of contributions. Six total incidents have burned 19 old-growth trees. Friday night 8 trees were torched along the beautiful main entrance. The EU does not intend to conduct military exercises with Armenia, Lead Spokesperson for EU Foreign Affairs and Security Policy Peter Stano says.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
