  Expert dubs 2011 as year of stagnationDecember 26, 2011 - 14:18 AMT PanARMENIAN.Net - 2011 was a year of stagnation, according to the head of PolitEconomy research center. Andranik Tevanyan explained the aforesaid by authorities’ failure to fulfill their pledges in social-economic sphere during President Serzh Sargsyan’s presidency, as well as intensification of business consolidation and strengthening of oligarchy. In this context the expert recalled authorities’ pledges to ensure 8-10% economic growth, up to 10% poverty reduction, as well as Prime Minister Tigran Sargsyan’s statement that financial and economic crisis will not pose a threat to Armenia. Andranik Tevanyan further attributed current economic growth to inflation.   Top stories Abdel Fattah el-Sisi is set to become the first Egyptian leader to visit Armenia, a senior official at Armenian President Vahagn Khachaturyan’s office has confirmed. Prime Minister Nikol Pashinyan won’t travel to Davos for the 53rd edition of the World Economic Forum on 16 to 20 January. Secretary of the Security Council Armen Grigoryan has commented on recent territorial claims by Azerbaijani President Ilham Aliyev. Yerevan expects the Russian peacekeepers to ensure the withdrawal of Azerbaijani troops that have invaded Karabakh.   Partner news |  Latest news One dead in attack on Azerbaijan's Embassy In Iran  Iranian state TV quoted Tehran Police Chief Hossein Rahimi as saying the attacker was arrested and that he had "personal and family problems."Khachanov loses to Tsitsipas in Australian Open semi-final Stefanos Tsitsipas blazed his way into a first Australian Open final with a 7-6(2) 6-4 6-7(6) 6-3 win over Russian-Armenian player Karen Khachanov.Three more Karabakh patients transferred to Armenia with ICRC help Three more patients have been transferred from Nagorno-Karabakh to Armenia with the assistance of the ICRC.Modern energy-efficient LED system in Vanevan The village now has a modern energy-efficient LED system for outdoor lighting. |
