Because of the blockade, the economic system of Artsakh suffered a lack of 160 million {dollars}. some enterprise entities have suspended their actions, others are working partially – 2024-05-23 03:17:10

by times news cr

2024-05-23 03:17:10

Attributable to Azerbaijan’s blocking of the one street connecting Artsakh to Armenia and the surface world, the economic system of the Republic of Artsakh continues to endure nice losses within the circumstances of a blockade that has lasted for about 3 months.

755 enterprise entities (17.7% of the whole) suspended their actions as a result of impossibility of working beneath the blockade circumstances, and the remainder of the enterprise entities function with partial quantity or with state assist.

Because of the tough financial scenario, at the very least 6,400 individuals initially misplaced their jobs and supply of revenue.

Greater than 35,600 tons of important items would have arrived in Artsakh, if it weren’t for the blockade, throughout which solely a small a part of it was delivered by the Worldwide Committee of the Crimson Cross and the Russian peacekeeping troops, about 2,530 tons of products, principally meals and medication.

Throughout the blockade, the economic system of the Republic of Artsakh was broken by round 160 million US {dollars}, resulting in the non-provision of the expected annual GDP index (903 million {dollars}) by greater than 17 %.

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