Armenia’s Prime Minister Nikol Pashinyan touched upon the economic indicators of the year during the Government session.
The Prime Minister positively assesses the April data published by the Statistical Committee.
“In April of this year, compared to April of last year, we have an 8.8% growth in economic activity, and in 4 months, the growth of economic activity is 9.4%. To remind you that we have set a goal to ensure 7% economic growth during the year.
In April of this year, compared to April of the previous year, we have a 15.6% increase in construction volumes, a 9% increase in the first 4 months compared to last year, an 8.6% increase in trade turnover, and a 7.8% increase in the first 4 months.
In this regard, I would like to specify that in the first 22 days of May, as compared to the previous year, we have an additional trade turnover of AMD 574 billion 697 million [over $1 billon 277 million], that is, last year, plus this amount, which is more than $1.2 billion,” Pashinyan said.
According to Armenia’s Prime Minister, 15 million more deals were made with cash registers and settlement documents by May 20 of this year compared to the previous year.
“The growth of services in April compared to April [last year] was 27.1%, 4 months compared to 4 months - 23.5%.
The growth of electricity production, which is a very strong indicator, was 5.8 percent compared to April of the previous year, and 14.1 percent compared to 4 months.
I think it is very important to record the growth of exports. In April of this year, we had a 19.8 percent increase in exports compared to April of last year, and 25.2 percent compared to 4 months,” Pashinyan said.
