Armenia predicts 319% tourism growth for 2021March 26, 2021 - 17:23 AMT PanARMENIAN.Net - Tourism in Armenia is expected to grow by 319% in 2021 year-on-year, Minister of Economy Vahan Kerobyan told reporters on Friday, March 26. According to him, a sharp decline in the travel industry was recorded last year, but now the situation has changed, with "many" tourists visiting the country from Iran. “We know that far more bookings have been made for April. We are planning to get back on track in May, but of course not [to the level registered] in May 2019," Kerobyan added. The Central Bank of Armenia earlier revised its economic growth forecast for the country in 2021. Its governor Martin Galstyan says Armenia’s Gross Domestic Product (GDP) will expand by 1.4% instead of 2% that was forecast before the start of the year. 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 | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |