  Armenia attracts record amount of foreign direct investments, says Minister May 30, 2023 - 15:27 AMT PanARMENIAN.Net - Minister of Economy Vahan Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion, which accounts for 5.13% of the country’s gross domestic product, RA Min while discussing the results of the 2022 budget in the parliament. "Instead of the previously planned AMD 42 billion, we had a performance of AMD 53 billion 116 million drams," Kerobyan said in parliament on Tuesday, May 30. Referring to tourism, the minister mentioned that 1 million 660 thousand tourists came to Armenia last year. "Significant investments have been made in infrastructure. A program for the development of about 20 tourism clusters is being prepared, which was approved by the mid-term expenditure plan for the coming years," said Vahan Kerobyan.   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. Armenia's international reserves amounted to $3.5 billion, according to a report from the country's Central Bank.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, 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. |
