Armenia’s annual economic activity index makes 6,3%March 20, 2012 - 16:07 AMT PanARMENIAN.Net - Armenia’s economic activity index in February 2012 totaled 6,3% growing by 4,9% as compared to January 2012, according to the National Statistical Service of Armenia. Inflation in January 2012 comprised 4,8%, with economic activity index grossing 5,6% in January – February 2012 against the same period in 2011. In February 2012, consumer prices grew by 3%, with 0,9% deflation recorded on monthly basis. Meanwhile in January-February 2012 inflation rate increased by 3,9% as compared with the same period in 2011. The national budget envisages 4,2% economic activity growth, and 4±1,5% inflation for 2012. 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. |