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Armenia attracts record amount of foreign direct investments, says Minister

panarmenian.net05/30th/2023, 11:30
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Armenia attracts record amount of foreign direct investments, says Minister

May 30, 2023 - 15:27 AMT

PanARMENIAN.Net - Minister of Economy Vahan Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion, which accounts for 5.13% of the country’s gross domestic product, RA Min while discussing the results of the 2022 budget in the parliament.

"Instead of the previously planned AMD 42 billion, we had a performance of AMD 53 billion 116 million drams," Kerobyan said in parliament on Tuesday, May 30.

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