{"id":31584,"date":"2011-12-27T17:42:05","date_gmt":"2011-12-27T17:42:05","guid":{"rendered":"https:\/\/armbanks.am\/2011\/12\/27\/234464\/"},"modified":"2024-12-15T12:54:30","modified_gmt":"2024-12-15T12:54:30","slug":"mp-diversification-of-national-economy-may-help-armenia-withstand-double-dip-crisis","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2011\/12\/27\/31584\/","title":{"rendered":"MP: diversification of national economy may help Armenia withstand double-dip crisis"},"content":{"rendered":"

YEREVAN, December 27. \/ARKA\/. <\/strong>The Armenian government\u2019s measures taken to diversify the national economy may help the country withstand the double-dip crisis, Gagik Minasyan, chairman of the National Assembly\u2019s financial and budgetary committee, said Tuesday at a news conference.<\/p>\n

He said that two conferences had been held under the auspices of the Republican Party of Armenia to promote exports.<\/p>\n

\u201cWe expect considerable progress in 2012,\u201d he said.<\/p>\n

On December 15, the government approved the strategy of export-oriented industrial policy, which was presented at the Republican Party\u2019s conference.
\nMinasyan said that expectations from raw materials and science-consuming industry are especially high.<\/p>\n

Their development can build up Armenia\u2019s industrial capacity and make the country\u2019s economy and particularly exports more diversified and ready for possible adverse developments.<\/p>\n

Armenia\u2019s foreign trade turnover grew 10.2% in November 2011, compared with the same month a year earlier, to $504.5 million or AMD 192.8 billion.<\/p>\n

The country\u2019s exports totaled $124.1 million or AMD 47.4 billion in November after growing 22.3%, compared with November 2010, and imports totaled $380.4 million or AMD 145.4 billion after growing 6.7%.<\/p>\n

As a result, negative balance of foreign trade amounted to $256.3 million or AMD 98 billion in November 2011.<\/p>\n

Exports grew 9.9% in November, compared with October, as imports shrank 2.8%. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"

The Armenian government\u2019s measures taken to diversify the national economy may help the country withstand the double-dip crisis, Gagik Minasyan, chairman of the National Assembly\u2019s financial and budgetary committee, said Tuesday at a news conference.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[12688,12757],"class_list":{"0":"post-31584","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy-en","7":"category-news","8":"tag-armenia-analyst-inflation","9":"tag-usa"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/31584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=31584"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/31584\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=31584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=31584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=31584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}