Armenia's GDP in January-September fallen 18.3 per centOctober 20, 2009 - 17:19 AMT PanARMENIAN.Net - Over the nine months of 2009 GDP of Armenia decreased by 18.3 per cent to $ 2 trillion 123 billion AMD, the RA National Statistical Service published. Armenia's economy showed some trends of stabilization, since GDP over the first 7 months fall by 18.5 per cent, over the eight months - by 18.4 per cent. The biggest decline in Armenia's economy was observed in construction industry: by 53.8 per cent. The volume of industrial production in the country in January-September 2009 reached 459.694 billion AMD, 11.4 per cent less down compared to the same period of 2008. The decline in agriculture averaged 2.3 per cent, while in the service industry - 1.8 per cent. 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 | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |