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ARMENIA REGISTERS 9.7% INDUSTRIAL GROWTH IN 2010
news.am
May 18, 2011 | 15:19
YEREVAN. - Armenia registered 9.7% industrial growth against 7.8%
decline in 2009, said Deputy Economy Minister Karine Minasyan in
the parliament.
According to her, the overall industrial growth was mainly achieved
by a 24.3% growth in the mining industry.
Trade turnover in 2010 increased by 4%, only 0.6% fell on retail
trade. Light industry registered 12% growth, food industry registered
14% growth, and machine engineering registered 12% growth, added
Minasyan.
A total of AMD 2.4 billion state funding was allocated to Armenia's
Ministry of Economy in 2010 that is AMD 700 billion less than in 2009.
Fifteen programs were implemented.
The ministry had income of AMD 371 million from granting licenses and
trademarks. Government assisted 3,000 enterprises, 1000 of which are
small or medium-sized businesses. Overall AMD 50 million was spent
on development of tourism, AMD 33 million was spend for information
technologies.
From: Baghdasarian
news.am
May 18, 2011 | 15:19
YEREVAN. - Armenia registered 9.7% industrial growth against 7.8%
decline in 2009, said Deputy Economy Minister Karine Minasyan in
the parliament.
According to her, the overall industrial growth was mainly achieved
by a 24.3% growth in the mining industry.
Trade turnover in 2010 increased by 4%, only 0.6% fell on retail
trade. Light industry registered 12% growth, food industry registered
14% growth, and machine engineering registered 12% growth, added
Minasyan.
A total of AMD 2.4 billion state funding was allocated to Armenia's
Ministry of Economy in 2010 that is AMD 700 billion less than in 2009.
Fifteen programs were implemented.
The ministry had income of AMD 371 million from granting licenses and
trademarks. Government assisted 3,000 enterprises, 1000 of which are
small or medium-sized businesses. Overall AMD 50 million was spent
on development of tourism, AMD 33 million was spend for information
technologies.
From: Baghdasarian