  Tigran Sargsyan characterizes 2010 as year of stable restoration for Armenia  May 13, 2011 - 14:40 AMTPanARMENIAN.Net - At parliamentary hearing on 2010 state budget, Armenian Prime Minister Tigran Sargsyan characterized the last year as a year of stable and consistent restoration, with anti-crisis programs starting to yield results. Among improvements the Prime Minister noted progress in infrastructure achieved due to major public investments; creation of favourable conditions for M&S businesses, specific programs aimed at economy diversification, stimulated by the government. Dwelling on 2010's macroeconomic indices, the Prime Minister noted that the GBP growth comprised 2,1% instead of 1,2% planned. Mr. Sargsyan explained the 2010's 9,4% inflation rate by the upsurge of international prices for essential food products and basic commodities, as well as a downfall in local agriculture.  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 Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
