  5.5% GDP growth registered in Armenia in 2010 first quarter April 20, 2010 - 15:19 AMT PanARMENIAN.Net - According to updated statistical data, Armenia’s GDP was 5.5% higher in January-March 2010 as compared with the same period of 2009. The RA National Statistical Service reported that GDP amounted to AMD568.1 billion. At the same time, the country’s GDP increased by 43.1% in March as compared with February. Besides, consumer prices were 8.4% higher in the first quarter of 2010 as compared with the same period of last year. Inflation rate reached 8.4% in March 2010. The 2010 Armenian national budget envisages 1.2% economic growth and 4±1.5% inflation.   Top stories According to Vahan Kerobyan, a sharp decline in the travel industry was recorded last year, but now the situation has changed Mher Grigoryan added that the government will ensure that the borrowed funds are spent efficiently. Wizz Air Abu Dhabi will be regularly flying from the Armenian capital of Yerevan to Abu Dhabi, UAE. “It’s a speculation, we can neither comment or react to it,” an Diana Gazinyan from HSBC Armenia said.   Partner news |  Latest news Lebanese President invited to Armenian Genocide commemorations  Michel Aoun hosted Ambassador Vahagn Atabekyan to receive his Armenian counterpart Armen Sarkissian's invitation.EU envoy suggests Armenia, Azerbaijan resume sharing reservoirs Toivo Klaar said the Joghaz and its sister reservoir, the Abbasbayli, are good candidates for cooperation.New Zealand aims to create smoke-free generation The plans include the gradual increase of the legal smoking age, which could extend to a ban on the sale of cigarettes.Karabakh rescue teams continue search for the missing The State Service For Emergency Situations of Artsakh also said that the rescue worker injured in a mine explosion is in a stable condition. |
