Armenia’s level of self-sufficiency in essential foods in 2020 will increase to 80 %, agriculture minister

|

USD

391.56

EUR

428.21

RUB

4.7705

GEL

140.68

Economy

25.12.2013, 16:22

Armenia’s level of self-sufficiency in essential foods will increase to 80 % by 2020, agriculture minister Sergo Karapetyan said today.

Armenia’s level of self-sufficiency in essential foods in 2020 will increase to 80 %, agriculture minister

YEREVAN, December 25. / ARKA /. Armenia’s level of self-sufficiency in essential foods will increase to 80 % by 2020, agriculture minister Sergo Karapetyan said today.

According to the ministry data, the food self-sufficiency level is about 60 percent now. The self-sufficiency in wheat production is only 35-36 % that of poultry production is even less - 12-20 %, while that of pork production is 41 %.

The self-sufficiency level for potatoes, melons, fruits, grape, mutton and goat meat, beef and egg production is quite high. The same is true regarding production of milk and dairy products. -0-

Cadastre Committee to create passports for about 10,000 geographical names of Armenia

The Armenian Cadastre Committee will create 'passports' for about 10,000 geographical names and update the data in 2025, the head of the Committee Suren Tovmasyan said.

18.03.2025 18:14

"A busy year awaits us": Martin Galstyan on the impact of China's economy and trade wars on Armenia

The head of the Armenian Central Bank Martin Galstyan responded to a question whether the Stimulus Package, adopted by China and, in particular, the rise in copper prices, will affect Armenia's economy.

18.03.2025 17:56

Central Bank of Armenia left refinancing rate unchanged at 6.75%

At its meeting on March 18, the Board of the Central Bank of Armenia kept the refinancing rate unchanged at 6.75%.

18.03.2025 12:18

Armenia aims to connect itself with both EEU, EU, Arab, Asian and other markets by "numerous threads" - Papoyan

Armenia seeks to connect its economy with the Eurasian Economic Union (EEU) market as well as the EU, Arab, Asian and other markets with as many threads as possible, Minister of Economy Gevorg Papoyan said.

17.03.2025 17:16

S&P expects Armenia's economic growth to halve in three years

Over the next three years, growth in Georgia and Armenia will almost halve, from 9.4% and 8.8%, respectively, in 2022-24, but will remain sustainable, according to a commentary by S&P Global Ratings analysts, as reported by FrankMedia.

14.03.2025 10:26

Dynamics of the decline in exports and imports in Armenia will last throughout the first half of the year – EDB

The decline in the value of exports and imports in Armenia in January by 49.2% year-on-year (y/y) and 33.5% y/y, respectively, was due to the fact that the positive impact of foreign trade in precious metals had been exhausted.

13.03.2025 15:00

Armenia's position in the “2025 index of economic freedom significantly worsens”

Armenia ranked 57th out of 184 countries in the 2025 Index of Economic Freedom, published by the Heritage Foundation.

12.03.2025 12:25

Freight traffic in Armenia grew by 12.9% in January, passenger traffic declined by 20.8%

The total freight traffic in Armenia in January 2025 amounted to 1,117.6 thousand tons, increasing by 12.9% compared to January 2024, while the total passenger traffic amounted to 12,728.6 thousand with a 20.8% decline, according to the National Statistical Committee.

10.03.2025 17:22