  Armenia reports record GDP growth in the past decade February 28, 2018 - 16:14 AMT PanARMENIAN.Net - Armenia's economy expanded by 7.5% in 2017 - a record growth rate since 2008 - the national statistical service said. The GDP amounted to AMD 5.58 trillion in the reporting period, up by 0.2% from AMD 5,07 trillion in 2016. Earlier, the Eurasian Development Bank said in its forecast that Armenia's GDP is expected to rise by 3% in 2018. According to the country’s budget for 2018, the economy will expand by 4.5%.   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 Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals  Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation.Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan.Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush.Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |
