  PM: 4,7% economic growth reported in 2011 September 24, 2012 - 14:58 AMT PanARMENIAN.Net - Annual reports on 2011 state budget implementation were made at a joint meeting of Armenian National Assembly standing committees. “4,7% economic growth was recorded in 2011, which twice exceeds the 2010 index, “ Prime Minister Tigran Sargsyan said. According to him, high growth rates were recorded in industry and agriculture sectors with price rise curbed as a result. “With economic achievements reinforced in 2011, Armenia stepped into a recovery stage,” the Prime Minister said, adding that social costs increased by 4,9%, with 12,8% and 8% growth recorded in funds allocated to the healthcare and education sectors.   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 |  Latest 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.Armenian army holding strategic command, staff drills Live firing will be carried out using automatic control systems and modern equipment.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. |
