SME share totals 43% of Armenia’s GDPSeptember 14, 2011 - 13:31 AMT PanARMENIAN.Net - The annual increase of small and medium enterprises’ share in Armenia’s GDP was estimated at 1%, according to the Executive Director of Small and Medium Entrepreneurship Development National Center of Armenia (SME DNC). As Tigran Harutyunyan told a September 14 news conference, SME are major contributors to Armenian economy development. “Positive shifts are obvious: at present, the share of S&M enterprises in Armenia’s GDP and exports makes up 43 and 18% respectively,” he noted. In this context, Harutyunyan pointed out facilitation of report-related paperwork as well as a new possibility of opening a business online. 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 | Aliyev: No peace treaty unless Armenia changes constitution Azerbaijan will not sign a peace treaty with Armenia unless the latter changes its constitution, Azerbaijani President Ilham Aliyev said. Seven injured in massive gas station explosion in Armenia The Investigative Committee of Armenia has unveiled details about a massive explosion at a gas station on the Yerevan-Sevan highway. Pashinyan’s spokesperson denies intention to visit Baku for COP29 Pashinyan’s agenda doesn’t include a trip to Baku for the COP29 conference, his press secretary Nazeli Baghdasaryan has said. Russia accuses West of preparing invasion of CSTO countries NATO is preparing an invasion of the CSTO countries, the number of provocations in the air is growing, Sergei Shoigu has said. |