Artsakhpress

Economy

Two-digit economic growth is expected in Artsakh. State Minister summed up the economic year

Gross Domestic Product in January-September of 2018 amounted to 197.6 billion drams, providing 12.2% real growth.

Two-digit economic growth is expected in Artsakh. State Minister summed up the economic year

Two-digit economic growth is expected in Artsakh. State Minister summed up the economic year

STEPANAKERT,  DECEMBER 27, ARTSAKHPRESS: As "Artsakhpress" reports, Artsakh State Minister Grigory Martirosyan stated this at the  press conference held on December 27, adding that by the end of the year the nominal index of gross domestic product will make 303 billion drams, ensuring double-digit economic growth: It is expected that for 2018, the gross domestic product per capita will amount to  4260 USD  against 3845 USD of 2017,  thus, almost getting equal to the corresponding index of the Republic of Armenia.

According to the data presented by the State Minister, within 11 months of this year, industrial products worth more than 111 billion drams have been issued, the real growth of which is about 31% as compared to the same period of last year. During the first 11 months of 2018, 350 million kWh of electricity was generated in the country, which exceeds the previous year's index by 18%.

Currently, 16 small HPPs are being constructed. It is foreseen to double the possibility of annual electricity generation.

Afterwards, Grigory Martirosyan answered journalists' questions.


     

Politics

Society

Military

Search