2012 first half macroeconomic outcomes summarized in ArmeniaAugust 2, 2012 - 13:23 AMT PanARMENIAN.Net - In the first half of 2012, Armenia’s economic activity index increased by 7,8%, as compared with the same peroid of 2011, Finance Minister said. According to Vache Gabrielyan, 13% growth was recorded in industry sector, with 8,1 % increase observed in the field of agriculture. "12% growth was noted in the service sector in 2012 first half, " he said. Minister Gabrielyan further forecast 4% inflation rate, with 1,5% deflation registered in Armenia on monthly bases. "2,2%inflation rate was observed in July 2012, compared with the same peroid of last year, " 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 | Putin congratulates Pashinyan’s birthday Russian President Vladimir Putin congratulated Armenian Prime Minister Nikol Pashinyan on his birthday on June 1. Opposition motorcade en route to Gyumri for large rally A motorcade of protesters headed by Archbishop Bagrat Galstanyan is heading to the city of Gyumri. Ruling MPs, Foreign Minister talk Armenia-Azerbaijan processes MOs from the ruling Civil Contract party met with the Foreign Minister Ararat Mirzoyan in the Armenian parliament. Russia: Armenia’s frozen membership weakens CSTO position in Caucasus A Russian envoy said any step that could alienate the CSTO member states from each other is “deeply wrong”. |