  Vache Gabrielyan: economy growth in Armenia exceeds global tendencies October 30, 2011 - 17:06 AMTPanARMENIAN.Net - 4-5% economy growth was reported in Armenia in 2011, with the figure cited exceeding global tendencies, according to Armenian Finance Minister. As Vache Gabrielyan stated at Republican Party of Armenia (RPA)- hosed economic conference, “Armenia is entering the stage of stable development, with significant improvement noted in the sectors of services, agriculture, industry.” “Among measures undertaken by Armenian government to cope with global crisis consequences were assistance to backbone economic structures, medium and small businesses, large-scale social programs,” the Minister noted. According to Mr. Gabrielyan, inflation rate in Armenia will remain at 4-5% envisaged.  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 |  Latest news Ucom Celebrates Telecommunication Day  May 17 commemorates the founding of the International Telecommunication Union on May 17, 1865.Armenian, Azerbaijani heads of parliament meet in Switzerland President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova.Border residents overnight on highway to protest Armenia’s Residents of Kirants continue to express outrage over the government’s decision to cede land to Azerbaijan.Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. |
