Karabakh draft budget sets 8% GDP growth target for 2018November 15, 2017 - 18:56 AMT PanARMENIAN.Net - Nagorno Karabakh's (Artsakh) draft budget for 2018 envisages an 8% economic growth, finance minister Grigori Martirosyan said on Wednesday, November 15. Discussions on the document started on Wednesday in the National Assembly of Artsakh. According to Martirosyan, the country's social and economic policy for next year will be aimed at the implementation of programs for ensuring sustainable economic growth, state-building processes and institutions boosting defense capacity. The finance minister said that the draft budget envisages an 8% GDP growth, price level stability, with housing for resettlement programs taking center stage. Artsakh's consolidated state budget will amount to AMD 97,1 billion, expenditures will stand at AMD 101,4 billion with a deficit of AMD 4,2 billion. 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 | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |