  Consumption in Armenia down by 9.1% in 2015-2016: World Bank October 31, 2017 - 15:37 AMT PanARMENIAN.Net - The volume of consumption in Armenia decreased by 9.1% in 2015-2016, the World Bank said in a new report published in October. The drop in consumption was recorded in all countries of Eastern Europe and Central Asia. "After a sharp decline in oil prices, the countries in those regions were unable to stabilize the economic situation," the World Bank said. In the same period, consumption in Russia fell by 14.2%, in Belarus - by 6.2%, in Tajikistan - by 16.4%. As a result of the fall in world oil prices, remittances to Armenia also plunged: in 2017, the volume fell by 55-60% compared to 2015.   Top stories Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.   Partner news |  Related sections Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesArmenian, 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.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
