 Karabakh draft budget sets 8% GDP growth target for 2018 November 15, 2017 - 18:56 AMT PanARMENIAN.Net - Nagorno Karabakh's (Artsakh) draft budget for 2018 envisages an 8% economic growth, finance minister Grigori Martirosyan said on Wednesday, November 15. Discussions on the document started on Wednesday in the National Assembly of Artsakh. According to Martirosyan, the country's social and economic policy for next year will be aimed at the implementation of programs for ensuring sustainable economic growth, state-building processes and institutions boosting defense capacity. The finance minister said that the draft budget envisages an 8% GDP growth, price level stability, with housing for resettlement programs taking center stage. Artsakh's consolidated state budget will amount to AMD 97,1 billion, expenditures will stand at AMD 101,4 billion with a deficit of AMD 4,2 billion.   Top stories 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. Hikmet Hajiyev has said that there is no place for USAID operation in Azerbaijan any longer. A telephone conversation between Putin and Pashinyan before the CSTO summit is not planned, Peskov says.   Partner news |  Latest news 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.Armenia not going to war over Karabakh, says Pashinyan Armenia is not preparing to fight a war for Nagorno Karabakh, Prime Minister Nikol Pashinyan said in an interview. |
