Promises given in the action plan of the government, then in RPA pre-election program, as formerly stated, mostly didn’t contain target. Only several promises contained concreteness among which was reaching export volume to 40-45% of GDP.
National Statistical Service of Armenia from 2009 each quarter sumps up and publishes main indices of ICT. Those indices are given in section “Curious statistics”.
And in case of Georgia WB has taken the number of visitors. To be clear how these figures differ, exact data should be brought. In 2016 total 2.9 million visits to Armenia have been recorded (source: volumes of RA border crossing per RA border checkpoint), from which 1.26 million comprised tourist visits. In 2016 Georgia recorded 6.3 million visits, from which tourist visits comprised 2.7 million.
Armenia’s economic activity index (EAI) in January-April 2017 compared with the same period of the previous year comprised 105.7%. Note, in January-March EAI rate was higher—6.6%.
Firstly, Yerevan City Council elections were marked with rather low participation. Only 345 thousand out of 840 thousand eligible citizens have gone to the polling stations. Participation level comprises 41 percent.
On the other hand, SRC activeness contains risk for itself as well. If in the second quarter tax entries are over-fulfilled not by 12 billion, but e.g. 20 or 25, the Government may change its mind and raise the benchmark, demanding e.g. 80-100 billion extra taxes.
Touching upon hidden threats of Azerbaijani apples, the 5th in the list should also be attached attention to—fresh or dried citruses. Around 7 thousand tons of fruits with USD 4.65 million have been imported in 2016.
Judging from official statistics Armenia’s economy is developing more quickly, than anticipated. Thus, in January-March 2017 compared with the same period of the previous year, economic activity index (EAI) comprised 106.6%.
In the first quarter of 2017 compared with the same period of 2016 number of tourists visiting Armenia has grown by 18.2%. Zarmine Zeytuntsyan, Chairperson of State Tourism Committee of the Ministry of Economic Development and Investments, told about this recently.
Economic year of 2016 wasn’t successful—weak economic activity was recorded—0.5%, and instead of anticipated 2.2% real GDP growth it comprised only 0.2%.
