  Armenia’s deficit rate to total 2,9% in 2012 March 31, 2012 - 15:21 AMT PanARMENIAN.Net - Armenian government fully implemented the state budget in 2011, simultaneously reducing the deficit. “2,7% deficit rate was recorded in 2011 instead of the planned 3,9%,” Prime Minister of Armenia Tigran Sargsyan said during a meeting of the board of trustees of the National Competitiveness Foundation of Armenia on March 31. Noting that 2,9% deficit is planned for 2012, the PM said that policy of gradual reduction of deficit will be pursued in the future, governmental press service reported.   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. |
