Euromedia24 on Play Store Euromedia24 on App Sore
BNB

$870.47

BTC

$113082

ADA

$0.868816

ETH

$4608.63

SOL

$213.76

31 °

Yerevan

20 °

Moscow

45 °

Dubai

20 °

London

26 °

Beijing

23 °

Brussels

16 °

Rome

23 °

Madrid

BNB

$870.47

BTC

$113082

ADA

$0.868816

ETH

$4608.63

SOL

$213.76

31 °

Yerevan

20 °

Moscow

45 °

Dubai

20 °

London

26 °

Beijing

23 °

Brussels

16 °

Rome

23 °

Madrid

The external factor of economic growth in Armenia is significantly decreasing

The external factor of economic growth is significantly decreasing. This was reported by Tadjos Avetisyan, a deputy of the NA "Hayastan" faction.
 
1. The total economic activity rate of 2024 was 8%, decreasing by 2.5 percentage points compared to the first half of the year.
2. The free decline in agriculture continues. Compared to the previous year, in 2024, the sector had a growth rate near the zero (1.6%), which decreased 2.5 times compared to the first half of the year.
The circulation of agricultural products in 2024 decreased by about 4%.
3. The growth of industry in 2024 was only 4.7 percent, decreasing about 4 times compared to the first half of the year.
4. The total increase in 2024 growth in the field of residence services (hotels, public food, etc.) decreased by about 30% compared to the first half of the year.
5. In 2024, due to the degrading of taxes on about 200 billion drams, the deficit of the RA state budget increased by 187 billion drams.
6. In 2024, the public debt increased by 8.5% ($ 1 billion), almost 1.5 times higher than the economy, the growth of GDP.
7. "Escape" of foreign capital is registered. The total indicators of 2024 have not yet been published, but in the first half of the year the inflow of foreign direct investment has decreased by $ 334 million.
8. In the 4th quarter of 2024, even the monthly cost of the minimum consumer basket per person exceeds the minimum monthly salary amounting to 75811 drams.

News

Xi Jinping arrives in India to attend BRICS summit
What compensation will be provided to students forcibly displaced from Artsakh and admitted to state educational institutions? Project: "Fact"
"Hraparak": Paris brought Pashinyan back into the anti-Russian line
"Hraparak": A heated election battle is expected in Vayots Dzor
The elections are over, and so are the "love" and "hearts": "Fact"
"Hraparak": Who intends to run in Goris?
Moods are touching in places: "Fact"
"Hraparak": The second candidate of the Communist Party of Armenia has appeared in Abovyan
The elections for the mayor of Vanadzor may be postponed to 2027. The government first wants to unite Vanadzor and Pambak. "Zhoghovurd"
Armenia-Diaspora relations have never been based on "second-hand" logic: Badalyan
22-year-old woman becomes football club manager
Important
Mr. Karapetyan, "KP will leave" is one thing, removing KP is a completely different thing. Vahe Makaryan to Narek Karapetyan
Important
The issue of the freedom of hostages and prisoners should be one of the priorities of the RA state agenda. Danielyan
Large-scale inspections throughout the republic: eco-parkers caught on the trail
New biometric passport in the EU will be verified within seconds: Minister
The number of road accident victims in Armenia continues to decrease
Biometric control of migrants will be introduced
Rolls Royce and BMW collide in Tsaghkadzor: There are injuries
TRIPP is a bomb planted in Syunik: Dzyunik Aghajanyan (video)
We don't need second-hand goods: Pashinyan on the Diaspora. Zelensky ruled out contacts with Russia (video)