Armenia industry expanded by more than 13% year-on-yearJune 26, 2018 - 16:11 AMT PanARMENIAN.Net - Armenia’s economic activity index grew by 10.4% in May against the same period last year, while the volume of industrial production expanded by 13.3% in the reporting period. According to data provided by the National Statistical Service, the volume of gross agricultural output grew by about 42%, while construction and trade turnover expanded by 2.4% and 12.1%, respectively Also, the average monthly wages slightly increased (0.1%), the statistics agency said. Exports, meanwhile, dropped 5% in the reporting period, but imports grew by 12% year-on-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 | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |