  Armenia's fixed 17.5% economic downfall in January-October 2009November 20, 2009 - 15:08 AMT PanARMENIAN.Net - Over the past 10 months, Armenia fixed a 17.5% economic downfall compared to the same period of last year. According to the official data of RA National Statistic Service, GDP in January-February comprised AMD 2466,3 billion. This is a very promising rate which leads local and foreign experts to the assumption that 2009 economic downfall will make up 15%. Inflation rate in January-October was 3%, compared to the same period of last year. Whereas only in October, this rate comprised 0.5% compared to September 2009.   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 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. |
