Armenia's economic activity index grows by 9% in Sept 2011October 20, 2011 - 18:32 AMT PanARMENIAN.Net - A 9% growth in economic activity index in Armenia in September 2011 was reported as compared to the same period in 2010. According to the National Statistical Service, the economic activity growth totaled 17% in September compared to August 2011. Inflation in September comprised 6,2% against the same period in 2010. Consumer prices grew by 0,8% in September against August 2011. The national budget envisages 4,6% GDP growth and 4% (±1,5%) inflation for 2011. 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 | Lemkin Institute urges Armenia to respect people’s right to dissent The Lemkin Institute has urged the Armenian government to respect people’s fundamental human right to express their dissent. Iran’s Red Crescent sends aid to Armenia’s flood-hit regions The Iranian Red Crescent Society has sent humanitarian aid to the victims of deadly floods that hit northern Armenia on May 25-26. Putin congratulates Pashinyan’s birthday Russian President Vladimir Putin congratulated Armenian Prime Minister Nikol Pashinyan on his birthday on June 1. Opposition motorcade en route to Gyumri for large rally A motorcade of protesters headed by Archbishop Bagrat Galstanyan is heading to the city of Gyumri. |