Gagik Minasyan: Armenia overcame crisis with minimal lossesJune 10, 2010 - 13:29 AMT PanARMENIAN.Net - The year 2009 was extremely hard not only for Armenia but also for the entire world, an Armenian politician said. “During the past 15 years the GDP grew by 8.8% annually but last year it dropped by 14.4%,” chairman of the RA NA standing committee on Financial-Credit, Budgetary and Economic Affairs Gagik Minasyan said. According to him, the government’s anti-crisis measures produced results by the end of 2009 and ensured a 7.2% GDP growth in January-April. “Armenia overcame the crisis with minimal losses, securing new job opportunities and investments in various sectors of economy,” Minasyan said. 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 | About 173 million drams and more than 30 beneficiary funds. "The Power of One Dram" is 4 years old In June 2020, the exclusive joint corporate social responsibility initiative of Idram and IDBank "The Power of One Dram" was launched. Aliyev travels to Turkey at Erdogan's invitation On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. CSTO budget “to be adjusted due to Yerevan’s non-payment of contributions” The CSTO budget for the current year requires adjustments due to the refusal of Yerevan to pay their share of contributions. Russia sends note of protest to Armenia over envoy’s trip to Ukraine’s Bucha Russia has sent a note of protest to Armenia over the visit of Vladimir Karapetyan and Tigran Ter-Margaryan to Bucha. |