Thursday, May 5 2022 16:20
Naira Badalian

Armenia`s trade turnover up by $1bln Jan 1 to Apr 20

Armenia`s trade turnover up by $1bln Jan 1 to Apr 20

ArmInfo.. January 1 to April 20, 2022, Armenia's trade turnover recorded an AMD 550bln ($1bln) increase as compared with the corresponding period last year,  Armenia's Prime Minister Nikol Pashinyan stated at a Cabinet meeting  on Thursday.  

He admits the role of inflation. 

"But analyses show its share within 20%," the premier said. He  reminded the Cabinet of an AMD 30bln ($60mln) tax revenues over and  above the planned target in the first quarter of 2022. 

Mr Pashinyan highlighted the importance of capital budget execution  this year. He singled out the construction and renovation of  500-km-long roads.