
CONSTRUCTION SECTOR SECURES ECONOMIC GROWTH
As of January-August 2006, a high pace of economic growth was secured in Armenia. RA National Statistic Service informed about this. The indicator of the economic growth made 11,3%. As compared to the first six months, it has decreased and amounted to %16. While the growth of the construction volume made 40,2% in the period under review and the total area of dwelling houses made 28,7%.
The total volume of industrial production decreased by 0,9%, without the volume of electricity, gas and water production, it made 0,7% and without the volume of diamond production, it increased by 2,1%.
The foreign trade turnover increased by 11,5%. The export decreased by 3,4% making $ 595 million, import increased by 20% and totaled to $1,3 billion. Without the article of the diamond production, it grew by 2,6%, while the import increased by 28,4%. The negative balance of the foreign trade increased and surpassed $ 700 million.
As compared with the indicator of December, 2005, the consumers’ prices increased by 2,7 %. At the same time, the currency profits of the population grew by 18,7%, while the expenses increased by 20,5%.
- By Ara Martirosian
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By Marietta MakarianFamous actor and director Serge Avetikian, who is currently living in France, has been working on staging of Alfred de Musset’s "Marianna’s Caprises" at the Yerevan based Hamazgayin ...CONSTRUCTION SECTOR SECURES ECONOMIC GROWTH
By Ara MartirosianAs of January-August 2006, a high pace of economic growth was secured in Armenia. RA National Statistic Service informed about this. The indicator of the economic growth made 11,3%. As compared to the ...
STOP SPREADING MALICIOUS RUMOURS!
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By Gwynne Dyer
- 1920 Dissolution, by the French government, of the voluntary Eastern Legion - comprised of Armenian survivors of the Genocide. The Legion fought Turkish forces with the Allies and was to be stationed in Cilicia after the war. France never honored its promises.
- 1921 Death of Mkrteetsh Portoogalyan, literary and public figure. He was born in 1846.
- 1921 Death of Mkrtich Portoogalyan (public figure) in Marseilles (France). He was born in 1848 in Constantinople.
- 1960 The Atarbekyan hydro-electric power station at Aghstafa starts production with a network of 108 kilometers of high-voltage lines.
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