Year of 2009 has become most serious challenge to Armenia’s economy and financial systemJune 8, 2010 - 19:18 AMT PanARMENIAN.Net - Armenian Prime Minister Tigran Sargsyan said that the year of 2009 has become the most serious challenge to Armenia’s economy and financial system in the country’s modern history. During a discussion of the report on 2009 budget fulfillment in the Armenian parliament, the Prime Minister noted that despite 14.4% decrease in GDP recorded by the end of 2009, the financial, social and economic systems have displayed their viability. Meanwhile, the anti-crises measures of the government led to positive results, which allowed alleviating the negative consequences in the social field, Sargsyan said. Besides, according to him, the governmental anti-crises measures were aimed at facilitating the economic growth and creating new jobs. 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 | Government reveals details from Pashinyan’s meeting in border village Prime Minister Nikol Pashinyan has met with a group of residents of a border village in Armenia’s northern Tavush province 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. |