2012 envisages 10% decrease in construction share against 2008November 9, 2011 - 15:18 AMT PanARMENIAN.Net - Chairman of standing committee on financial-credit and budgetary affairs favors decrease in construction share in Armenia’s GDP structure. Gagik Minasyan noted that 2012 GDP structure envisages 10% decrease in construction share against pre-crisis 2008 year which implies that our economy is more competitive, more diversified and less vulnerable in the face of crisis. Mr. Minasyan noted that this gives reason to hope that budget planned economic growth of 4,2% may be observed in 2012. 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. |