Gagik Minasyan: 1.2% economic growth in 2010 quite possibleNovember 10, 2009 - 14:51 AMT PanARMENIAN.Net - 1.2% economic growth envisaged by the 2010 national budget is conditioned by the 2009 index, head of the fiscal committee at the RA National Assembly said. "The republic's economy tends to stabilize. The 2009 national budget envisaged a 9.2% economic growth, however, the crises resulted in a 18% slump," Gagik Minasyan said. "The crisis was deep and unpredictable. International structures revise their forecasts twice a month. However, greater slump is not expected." "The government's anti-crisis program will produce result in early 2010," Minasyan said. 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 | Russia provides info about arrested Armenian ex-MP Russian law enforcement agencies have provided information about the arrest of Tigran Urikhanyan. Lemkin Institue slams Pashinyan's “cryptic engagement with Genocide denial” The Lemkin Institute is alarmed over Pashinyan’s statements “questioning Armenia's legal basis to pursue justice against Turkey”. 41 detained as antigovernment protests continue in Yerevan 41 people were detained in Yerevan as people demanding Pashinian’s resignation stage campaigns of civil disobedience. Armenia votes for UN resolution granting Palestine new rights The U.N. General Assembly voted by a wide margin on May 10 to grant new “rights and privileges” to Palestine. |