  Expert: Armenian economy needs new national strategy  December 20, 2011 - 12:11 AMTPanARMENIAN.Net - There is notable progress in Armenian economy compared with 2010, according to the head of Alternative research center, economist Tatul Manaseryan. “Armenian economy is in need of a new national development strategy,” Mr. Manaseryan said, favoring development of energy field even during crisis years. The economist further hailed monetary policy of the Central Bank of Armenia due to which inflation rate subsided and is expected to reach 4% based on 2011 outcomes. Dwelling on activity of Armenian Finance Ministry, Mr. Manaseryan assessed it as more objective resulting in drafting a more realistic state budget. The expert also noted certain progress in agriculture, with construction industry yielding the same results as last year.  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 Joe Manganiello visits Armenian Genocide memorial  Hollywood star Joe Manganiello has visited the Armenian Genocide memorial in Yerevan, according to the Armenian Genocide Museum-Institute.Dream big, start small: Anna from Artsakh participates in Get Started She has become even more determined thanks to the Get Started educational program.Armenia Foreign Minister begins Lithuania trip On June 20, Minister of Foreign Affairs of Armenia Ararat Mirzoyan is paying a working visit to Vilnius.Armenian Foreign Minister to skip CSTO Council meeting Ararat Mirzoyan will not participate in the meeting of the Council of Foreign Ministers of CSTO member countries. |
