  10% economic growth expected in Artsakh by yearend September 9, 2013 - 11:16 AMT PanARMENIAN.Net - The Nagorno Karabakh (Artsakh) Republic Prime Minister Ara Harutyunyan believes that 10% economic growth will be secured till the end of the current year. “4% inflation is expected,” he told a PanARMENIAN.Net reporter in Stepanakert. According to Harutyunyan, agriculture is the priority field, which ensures development of Artsakh. “Serious investments were made in agriculture during the recent years. As a result, the GDP doubled, thus bringing the annual growth to 13.3%,” he said, adding that the mining industry and tourism are also rapidly developing. Artsakh authorities pledge sustainable economic growth for the next five years.   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. |
