 30% pharmaceutical industry growth forecasted for Armenia in 2018 February 27, 2018 - 11:00 AMT PanARMENIAN.Net - Armenia’s pharmaceutical industry growth will amount to 30% in 2018, minister of economic development and investments Suren Karayan said at a meeting with prime minister Karen Karapetyan on Monday, February 26. According to the minister, economic activity has so far grown by 10.72%, while industrial production increased by about 14%. The country’s service sector, meanwhile, grew 15.2% in January year-on-year, while the exports rose by 45.2% in the reporting period. Economic activity grew by 7,7% in 2017, trade turnover by 26,9%, while exports and imports expanded by 25,2% and 27,8%, respectively.   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 Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
