  EBRD forecasts 4,5% economic growth for Armenia July 19, 2012 - 16:38 AMT PanARMENIAN.Net - European Bank for Reconstruction and Development (EBRD) reviewed the forecasts for Armenia’s economic growth, EBRD Resident Office in Yerevan said. “Increase in forecasts for Armenia was conditioned by more optimistic prediction on the economy of partner countries, particularly that of Russia,” Valeriu Razlog told a PanARMENIAN.Net reporter, deeming the new forecast at the level of 4-4,5% based on 2012 outcomes as a product of anti-crisis fiscal policy by Armenian government and monetary policy by the Central Bank of Armenia. Mr. Razlog further noted that EBRD will follow both domestic and international developments.   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 About 173 million drams and more than 30 beneficiary funds. "The Power of One Dram" is 4 years old  In June 2020, the exclusive joint corporate social responsibility initiative of Idram and IDBank "The Power of One Dram" was launched.Aliyev travels to Turkey at Erdogan's invitation On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit.CSTO budget “to be adjusted due to Yerevan’s non-payment of contributions” The CSTO budget for the current year requires adjustments due to the refusal of Yerevan to pay their share of contributions.Russia sends note of protest to Armenia over envoy’s trip to Ukraine’s Bucha Russia has sent a note of protest to Armenia over the visit of Vladimir Karapetyan and Tigran Ter-Margaryan to Bucha. |
