  Armenia’s economic activity index makes 4.4% in January 2012 February 20, 2012 - 12:44 AMT PanARMENIAN.Net - A 4.4% growth in economic activity index in Armenia in January 2012 was reported as compared to the same period in 2011. According to the National Statistical Service, the economic activity dropped by 53.7 % in January 2012 compared to December 2011. Inflation in January 2012 comprised 4.8% against the same period in 2011. Consumer prices grew by 3.6 % in January 2012 against December 2011. The national budget envisages 4.2% economic growth and 4% (±1.5%) inflation for 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 |  Latest news Power of One Dram sums up two-year program with Teach for Armenia  Idram Junior also joined the companies during the visit, bringing with it a fascinating intellectual game for childrenArmenia, India hold first defense consultations The meeting was attended by Indian Ambassador Nilakshi Saha Sinha and Defense Attaché Brigadier General Naveen Nijhawan.Civil disobedience campaigns continue in Yerevan People demanding Prime Minister Nikol Pashinyan’s resignation again blocked streets in Yerevan on May 15.Court in Azerbaijan extends former Karabakh leader’s arrest by 5 months The Binagadi District Court in Azerbaijan has granted the prosecutor’s petition to extend the arrest of Arkady Ghukasyan. |
