 Armenia's economic activity up by 7% year-on-year December 2, 2017 - 13:43 AMT PanARMENIAN.Net - A number of macroeconomic indicators have grown in the first 10 months of 2017 in Armenia, data provided by the National Statistical Service reveal. The country's economic activity, in particular, has increased by 7.1% in January-October against the same period last year. Industrial production has grown by 12.4% in the reporting period, trade turnover is up by 13.6%, while service volumes and electricity production have registered a 14% and 5.4% rise, respectively. At the same time, the volumes of gross agricultural production and construction dropped by 4% and 1%, respectively.   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 Erdogan wants “realistic road map” for relations with Armenia  Turkish President Recep Tayyip Erdogan has called for a “new realistic road map” for relations with Armenia.Armenia-Azerbaijan: Experts launch work on determining coordinates Expert groups from the countries started the process of determining the coordinates based on geodetic measurements.Yerevan says did not expect CSTO in peacekeeping role Pashinyan has declared that the CSTO would be expected to come to the Armenia-Azerbaijan border as an ally of ArmeniaHenrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan. |
