YEREVAN. – AMD 50 million (approx. $122,636 )—which is the same as in the year past—will be allocated from Armenia’s 2013 State Budget to assist the country’s tourism sector, Economy Minister Tigran Davtyan stated during Tuesday’s budget discussions at the National Assembly.  

“These are not large amounts, but the sector is growing as normal, with 10-12 percent per year, which is greater than the average economic growth,” Davtyan said.

Also, the Economy Minister disagreed with opposition MP and former PM Hrant Bagratyan’s remark that the number of tourists who are visiting Armenia is declining.