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  • Export volumes growing in Armenia

    Export volumes growing in Armenia

    13:35, 29 September, 2012


    YEREVAN, SEPTEMBER 27, ARMENPRESS: 2011 was favorable year for
    Armenian Republic economy. The volumes of industry, export and GDP
    has increased in 2011. 14 projects have been implemented by Armenian
    Ministry of Economy. Minister Tigran Davtyan came forth in the course
    of '' Armenian Republic 2011 state budget execution'' annual report.
    95.5 % of the amount allocated by the state to the Ministry has been
    spent.

    Ministry of Economy singled out the implementation of Tourism and IT
    development projects in the accounting year. In the words of the
    official the Government considered those branches priority and
    reportedly allocated budgetary funds. The implementation of the
    projects has been carried out within private and public sector
    cooperation.

    In the words of Davtyan the export volumes are growing rapidly than
    that of industry. 2013 state budget stipulates to allocate 300
    million AMD for the development of export and industry volumes.
    Dwelling on Gyumry techno park construction Davtyan stated they have
    been already launched and will end coming year. In the words of
    Davtyan it will contribute to the development of technological
    capabilities.


    From: Baghdasarian
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