  PM: Armenia enters economic activity stage September 22, 2011 - 13:11 AMT PanARMENIAN.Net - National Statistical Service-released data proves that Armenia has entered an economic activity stage, according to Armenian Prime Minister. At September 22 government sitting, Tigran Sargsyan noted progress in economic activity, with a growth reported as compared to GDP index. According to PM, significant upsurge is noted in agriculture and industry. “Construction sector is still problematic, with continuing slump reported,” Sargsyan said. In this context, he emphasized the importance of economy diversification to reduce fluctuation risks. “At present, Armenia’s out of danger; even a dramatic slump in one of economy sectors can’t result in 14% drop like it did in 2009,” the Prime Minister resumed.   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 |  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. |
