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Armenian premier: Largest growth in 2019 shown by accommodation and catering - 27.2%

21.02.2020, 14:08
The largest growth in 2019 was shown by accommodation and catering - 27.2%, which came as a result of the growth of tourist flows, Armenian Prime Minister Nikol Pashinyan reported on his Facebook page.

Armenian premier: Largest growth in 2019 shown by accommodation and catering - 27.2%
YEREVAN, February 21. /ARKA/. The largest growth in 2019 was shown by accommodation and catering - 27.2%, which came as a result of the growth of tourist flows, Armenian Prime Minister Nikol Pashinyan reported on his Facebook page.

"The financial and insurance services sector came second with its 22% growth, which gives hope for a further reduction in interest rates on loans. The growth of the processing industry in Armenia was 12% in 2019 - it was ahead of all other sectors of the economy for the first time since 2008 in the structure of GDP. Its share in GDP was 12.1%. This means that the production potential of our country is being recovered and developed," Pashinyan wrote. -0----