Gagik Minasyan: Armenia overcame crisis with minimal lossesJune 10, 2010 - 13:29 AMT PanARMENIAN.Net - The year 2009 was extremely hard not only for Armenia but also for the entire world, an Armenian politician said. “During the past 15 years the GDP grew by 8.8% annually but last year it dropped by 14.4%,” chairman of the RA NA standing committee on Financial-Credit, Budgetary and Economic Affairs Gagik Minasyan said. According to him, the government’s anti-crisis measures produced results by the end of 2009 and ensured a 7.2% GDP growth in January-April. “Armenia overcame the crisis with minimal losses, securing new job opportunities and investments in various sectors of economy,” Minasyan said. 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 | Family of Ilham Aliyev’s security chief owns vast property in UK As head of security for Azerbaijan’s president, Eyyubov is closely trusted by one of the world’s most authoritarian leaders. Mirzoyan says meeting with Bayramov was “constructive” At the moment, Ararat Mirzoyan said, there is no basis for additional comments. OSCE vows support for Armenia “in all three directions of security” Achieving stable peace between Armenia and Azerbaijan remains a priority of the OSCE, said Ian Borg. 151 detained as civil disobedience campaigns continue in Yerevan Citizens have been blocking streets in the Armenian capital, demanding Nikol Pashinyan’s resignation. |