  Armenia registers 4,4% economic growth in Q1 May 31, 2016 - 14:27 AMT PanARMENIAN.Net - According to the National Statistical Service, Armenia registered a 4,4% economic growth in Q1 of 2016. The GDP volume amounted to AMD 898.2 billion against the AMD 881.2 billion in the same period last year. The volume of industrial production in January-April totaled around AMD 421 billion, up by 10% against the same period in 2015. Foreign trade turnover amounted to about $1.46 billion in the first four months of 2016, growing by 4,2% against the same period last year. Moreover, exports grew by 22,2% to $514 million, and imports dropped by 3,5% to total $943 million. The volume of electricity production increased by 3,2% to amount to 2,566 billion kWh.   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 European Parliament to discuss repression in Azerbaijan  The European Parliament will discuss repression of civil society in Azerbaijan on April 24PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE.Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide.Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |
