  Armenian economy experiencing hardshipsMarch 21, 2009 - 20:42 AMT PanARMENIAN.Net - In January-February 2009 the GDP in Armenia decreased by 3.7% against the last year's index and totaled AMD282 billion, according to national statistics service.The decrease is conditioned by 9.7% industry and 1.5% construction slump. The foreign trade index has decreased by 26.2% and totaled $506 million. Export decreased by 44.8% and import by 21.2%. The number of unemployed has increased by 4.6% and reached 75.7 thousand people. The average salary was fixed as AMD94.7 thousand, what is 13.5% more than last year. The inflation rate made 0.7%.   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 |  Related sections Latest news Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year  German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year.Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan.Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan.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. |
