  Parliamentary hearings for 2012 Armenian state budget kick off November 15, 2011 - 14:38 AMT PanARMENIAN.Net - The Armenian National Assembly launched hearings for 2012 state budget. According to a member of ruling Republican Party of Armenia (RPA), the government’s financial-economic policy succeeded in mitigating the consequences of global crisis. “Results observed in Armenia’s economy over the last years prove the country has returned into the stage of sustainable development,” Gagik Melikyan told a news conference in Yerevan. “Armenia’s GDP grew by 5,5% in 2011, against the pre-crisis year of 2008,” the MP noted. “In 2011, 49% of the budget will be allocated to social expenditures, with increase in budget income through major businesses expected,” Melikyan said.   Top stories Grigoryan added that the situation around the world and particularly in the region is very difficult. The Armenian Defense Ministry has denied Azerbaijan's accusations of violating the ceasefire. Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution. President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova.   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.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.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. |
