Armenia's fixed 17.5% economic downfall in January-October 2009November 20, 2009 - 15:08 AMT PanARMENIAN.Net - Over the past 10 months, Armenia fixed a 17.5% economic downfall compared to the same period of last year. According to the official data of RA National Statistic Service, GDP in January-February comprised AMD 2466,3 billion. This is a very promising rate which leads local and foreign experts to the assumption that 2009 economic downfall will make up 15%. Inflation rate in January-October was 3%, compared to the same period of last year. Whereas only in October, this rate comprised 0.5% compared to September 2009. 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 | Armenia-Qatar ties discussed in Doha The Secretary of Armenia’s Security Council met with the Deputy Secretary General of the National Security Council of Qatar. ARARAT special evening dedicated to Aznavour's 100th Anniv. On May 20 ARARAT legendary Armenian brandy, celebrated the centennial of Maestro Charles Aznavour with a special event. Surveying works underway in Armenia’s Kirants Surveying works are underway in the Armenian village of Kirants in the northern Tavush province. Armenia calls for prohibiting threats of attacks on nuclear facilities Armenia has raised the need for a treaty prohibiting attacks on nuclear facilities devoted to peaceful purposes. |