Karabakh DGP grew fourfold in past 10 yearsOctober 2, 2017 - 14:30 AMT PanARMENIAN.Net - Nagorno Karabakh's (Artsakh) gross domestic product has grown fourfold in the past 10 years, adviser to Karabakh president, Tigran Abrahamyan, said in a Facebook post. According to him, Artsakh's GDP totaled AMD 70.8 million and AMD229.6 million in 2016. The government managed to register a nearly fourfold increase in 10 years, with the DGP amounting to some AMD 270 million in 2017. Economic development of Karabakh is characterized mainly by changes in the volume of production and services in the five main spheres of the republic's economy: industry, agriculture, construction, transport, and trade. The GDP annual growth rate is 10,4%. Related links: Top stories Six total incidents have burned 19 old-growth trees. Friday night 8 trees were torched along the beautiful main entrance. The EU does not intend to conduct military exercises with Armenia, Lead Spokesperson for EU Foreign Affairs and Security Policy Peter Stano says. Hikmet Hajiyev has said that there is no place for USAID operation in Azerbaijan any longer. A telephone conversation between Putin and Pashinyan before the CSTO summit is not planned, Peskov says. Partner news | Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. CSTO recognizes Armenia’s sovereign right to withdraw Tasmagambetov has said that if Armenia decides to leave the organization, “it will be the sovereign right of Armenia.” Ex-President: Only removal of “defeatist” rulers can save Armenia Former Armenian President Serzh Sargsyan has shared a message on the 109th anniversary of the Armenian Genocide. |