Minister forecasts 4,7-5,7% economic growth in 2013June 10, 2013 - 16:46 AMT PanARMENIAN.Net - 2013 economic growth is planned to be set at 4,7-5,7%, Armenian finance minister said. David Sargsyan conditioned the difference of the economic growth assessment by the agricultural growth. “Our expectations from the agricultural growth are more optimistic, with 4-5% growth forecast,” he said. The Central Bank forecasts 2-4% growth, with increase in private investments to total 5,1 %. “The investments are expected to report high index in the face of the construction sector and the Central Bank’s forecasts,” Minister Sargsyan said, stressing he need for the Central bank to demonstrate greater flexibility. 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 | Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan. Azerbaijan extends Rune Vardanyan’s arrest by 5 months A court in Azerbaijan has extended the arrest of former Nagorno-Karabakh leader Ruben Vardanyan by five months. Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. |