  Armenia predicts 319% tourism growth for 2021 March 26, 2021 - 17:23 AMT PanARMENIAN.Net - Tourism in Armenia is expected to grow by 319% in 2021 year-on-year, Minister of Economy Vahan Kerobyan told reporters on Friday, March 26. According to him, a sharp decline in the travel industry was recorded last year, but now the situation has changed, with "many" tourists visiting the country from Iran. “We know that far more bookings have been made for April. We are planning to get back on track in May, but of course not [to the level registered] in May 2019," Kerobyan added. The Central Bank of Armenia earlier revised its economic growth forecast for the country in 2021. Its governor Martin Galstyan says Armenia’s Gross Domestic Product (GDP) will expand by 1.4% instead of 2% that was forecast before the start of the year.   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 |  Latest news U.S. welcomes Armenia, Azerbaijan’s border delimitation announcement  Blinken said it is an important step towards concluding a durable and dignified peace agreement.Residents Of border villages protest as Armenia, Azerbaijan agree on delimitation Residents of several Armenian communities in the northeastern Tavush province began protests late on Friday.European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. |
