Economic recession in Armenia not to exceed 15% in 2009December 23, 2009 - 13:54 AMT PanARMENIAN.Net - Economic recession in Armenia will not exceed 15% in 2009, said Nerses Yeritsyan, RA Minister of Economy. "This index is quite real," he told reporters in Yerevan. According to National Statistical Service of Armenia, economic recession in Armenia in January-November made 16%, with monthly index at 6.6%. 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 |