Armenia's GDP in January-September fallen 18.3 per centOctober 20, 2009 - 17:19 AMT PanARMENIAN.Net - Over the nine months of 2009 GDP of Armenia decreased by 18.3 per cent to $ 2 trillion 123 billion AMD, the RA National Statistical Service published. Armenia's economy showed some trends of stabilization, since GDP over the first 7 months fall by 18.5 per cent, over the eight months - by 18.4 per cent. The biggest decline in Armenia's economy was observed in construction industry: by 53.8 per cent. The volume of industrial production in the country in January-September 2009 reached 459.694 billion AMD, 11.4 per cent less down compared to the same period of 2008. The decline in agriculture averaged 2.3 per cent, while in the service industry - 1.8 per cent. 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 | Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. |