Karabakh DGP grew fourfold in past 10 yearsOctober 2, 2017 - 14:30 AMT PanARMENIAN.Net - Nagorno Karabakh's (Artsakh) gross domestic product has grown fourfold in the past 10 years, adviser to Karabakh president, Tigran Abrahamyan, said in a Facebook post. According to him, Artsakh's GDP totaled AMD 70.8 million and AMD229.6 million in 2016. The government managed to register a nearly fourfold increase in 10 years, with the DGP amounting to some AMD 270 million in 2017. Economic development of Karabakh is characterized mainly by changes in the volume of production and services in the five main spheres of the republic's economy: industry, agriculture, construction, transport, and trade. The GDP annual growth rate is 10,4%. Related links: Top stories Six total incidents have burned 19 old-growth trees. Friday night 8 trees were torched along the beautiful main entrance. The EU does not intend to conduct military exercises with Armenia, Lead Spokesperson for EU Foreign Affairs and Security Policy Peter Stano says. Hikmet Hajiyev has said that there is no place for USAID operation in Azerbaijan any longer. A telephone conversation between Putin and Pashinyan before the CSTO summit is not planned, Peskov says. Partner news | Welcome to CaseKey 2024. Byblos Bank Armenia firmly stands by future innovators Strategic business cases, invaluable experience, innovative approaches and more than 25 events are in store for the participants of CaseKey 2024. Macron honors Charles Aznavour on 100th anniversary French President Emmanuel Macron has paid tribute to the memory of French-Armenian crooner Charles Aznavour. Erdogan’s approval rating falls below 40 percent: survey A total of 53.4 percent of respondents said they disapprove of the performance of Erdoğan. At least 2 CSTO members participated in preparing 44-day war against Armenia – PM Nikol Pashinyan has declared that at least two CSTO member countries participated in preparations for the 44-day war against Armenia. |