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30% pharmaceutical industry growth forecasted for Armenia in 2018

30% pharmaceutical industry growth forecasted for Armenia in 2018

PanARMENIAN.Net - Armenia’s pharmaceutical industry growth will amount to 30% in 2018, minister of economic development and investments Suren Karayan said at a meeting with prime minister Karen Karapetyan on Monday, February 26.

According to the minister, economic activity has so far grown by 10.72%, while industrial production increased by about 14%.

The country’s service sector, meanwhile, grew 15.2% in January year-on-year, while the exports rose by 45.2% in the reporting period.

Economic activity grew by 7,7% in 2017, trade turnover by 26,9%, while exports and imports expanded by 25,2% and 27,8%, respectively.

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