Armenia’s economic activity index grows by 9,6% in Aug 2011September 20, 2011 - 13:17 AMT PanARMENIAN.Net - A 9,6% growth in economic activity index in Armenia in August 2011 was reported as compared to the same period in 2010. According to the National Statistical Service, the economic activity growth totaled 21,3% in August compared to July 2011. Inflation in August comprised 4,8% agaisnt the same period in 2010. Consumer prices dropped by 0,6% in August against July 2011. The national budget envisages 4,6% GDP growth and 4% (±1,5%) inflation for 2011. 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 | 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. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |