  Armenia to see double-digit economic dropJuly 31, 2009 - 15:42 AMT PanARMENIAN.Net - Armenia will see a double-digit economic drop, said Tatul Manaseryan, adviser to RA National Assembly speaker. "I would be glad if Armenia fixed 0% economic growth by the middle of 2010," he said, adding that such result will demand titanic efforts. "Despite optimistic forecasts, Armenia will not avoid a double-digit drop. It will be at least 10%." Besides, the Armenian economy should be diagnosed irrespectively of the economic crisis, according to him. "I am convinced that we won't be able to overcome the crisis without resolution of our internal problems," Manaseryan said.   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 Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty  Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza.Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations.Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |
