5.5% GDP growth registered in Armenia in 2010 first quarterApril 20, 2010 - 15:19 AMT PanARMENIAN.Net - According to updated statistical data, Armenia’s GDP was 5.5% higher in January-March 2010 as compared with the same period of 2009. The RA National Statistical Service reported that GDP amounted to AMD568.1 billion. At the same time, the country’s GDP increased by 43.1% in March as compared with February. Besides, consumer prices were 8.4% higher in the first quarter of 2010 as compared with the same period of last year. Inflation rate reached 8.4% in March 2010. The 2010 Armenian national budget envisages 1.2% economic growth and 4±1.5% inflation. 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 | 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. |