  In 2012, Armenian economy will return to 2008's levelDecember 28, 2009 - 19:02 AMT PanARMENIAN.Net - In 2012, Armenian economy will return to 2008's level, former RA Finance Minister Levon Barkhudaryan said.As he noted at open discussions on annual presentation of Civilitas foundation report, entitled "Armenia 2009: promises and realities", in 2012, Armenia's state budget will total around AMD 2 trillion, with 68% of the sum to be allocated to social expenditures.   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 Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
