  Vazgen Safaryan predicts 4,6% GDP growth by yearend October 25, 2010 - 14:02 AMT PanARMENIAN.Net - Head of the committee on financial and economic affairs at the RA Public Council, Vazgen Safaryan predicts a 4,6% GDP growth by the yearend. “If we make correct investments and develop local cooperation, we will achieve good results,” he said. Armenia’s economy will revive with development of industry, according to him. “Any country reorganizes its economic policy after the crisis. For example, in 1933, the U.S. passed a law on industry restoration. A similar law should be adopted in Armenia,” he said.   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. |
