CBA: 5,7-6,4% GDP growth expected in second halfyear of 2010 in ArmeniaAugust 3, 2010 - 18:45 AMT PanARMENIAN.Net - 5,7-6,4% GDP growth expected in second halfyear of 2010 in Armenia, according to CBA money and credit policy program. Experts forecast 5-6% economic growth in the first half-year of 2011. The estimates showed increase in GDP based on gradual restoration of foreign demand and investment sphere. 6,7 % GDP growth was reported in January-June 2010 in Armenia, with budget-stipulated economic growth comprising 1,2%. 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 | Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |