Armenia predicts 319% tourism growth for 2021March 26, 2021 - 17:23 AMT PanARMENIAN.Net - Tourism in Armenia is expected to grow by 319% in 2021 year-on-year, Minister of Economy Vahan Kerobyan told reporters on Friday, March 26. According to him, a sharp decline in the travel industry was recorded last year, but now the situation has changed, with "many" tourists visiting the country from Iran. “We know that far more bookings have been made for April. We are planning to get back on track in May, but of course not [to the level registered] in May 2019," Kerobyan added. The Central Bank of Armenia earlier revised its economic growth forecast for the country in 2021. Its governor Martin Galstyan says Armenia’s Gross Domestic Product (GDP) will expand by 1.4% instead of 2% that was forecast before the start of the 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 | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |