 Armenia’s economic activity index grows by 5,9% in 2011 January 25, 2012 - 14:22 AMT PanARMENIAN.Net - A 6,1% growth in economic activity index in Armenia in December 2011 was reported as compared to the same period in 2010, with January-December 2011 index to gross 5,9%. According to the National Statistical Service, the economic activity index totalled 15% in December compared to November 2011. Inflation in January-December 2011 comprised 7,7% against the same period in 2010. Consumer prices grew by 2,5% in December against November 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 |  Latest news 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.Armenia: Protesters march to parliament, some spend the night on street The protesters did not disperse despite heavy rain that began at around 2 a.m. local time.Concept to complete Yerevan Cascade discussed at city hall A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte. |
