Government forecasts economic growth of 3.2% in 2017October 4, 2016 - 16:41 AMT PanARMENIAN.Net - The Armenian government is expecting a 2.4% economic growth this year instead of the previous forecast of 2.2%, the newly-appointed Finance Minister said on Tuesday, October 4. A further economic growth of 3.2% is expected in 2017, Vardan Aramyan said, according to Tert.am. “The Prime Minister’s assessment of the economy situation in Armenia must be accepted as a reality, but this doesn’t mean we should be having bad expectations from the future,” the Minister said. According to him, remittances to Armenia decreased by some $700 million in 2014 and 2015. A further reduction of some $140 million is expected to be registered in 2016, 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 | Armenia, Turkey discuss restoration of historic bridge The meeting took place on May 17 in Ashgabat on the sidelines of an international conference of ministers of culture. EU welcomes Armenia-Azerbaijan “progress” The EU has welcomed “progress” made in the framework of the Armenia-Azerbaijan border delimitation process. Belarus opposition leader slams Lukashenko for Karabakh trip Belarusian opposition politician Sviatlana Tsikhanouskaya has harshly criticized the visit of Lukashenko to Karabakh. Mkhitaryan raises arrest of former Karabakh leaders in Azerbaijan Inter Milan star Henrikh Mkhitaryan has shared a news story about the extension of the arrest of former Karabakh leaders. |