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Two-Digit GDP Growth Will Be Registered in Armenia in 2004

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  • Two-Digit GDP Growth Will Be Registered in Armenia in 2004

    TWO-DIGIT GDP GROWTH WILL BE REGISTERED IN ARMENIA IN 2004


    YEREVAN, AUGUST 6. ARMINFO. On the results of 2004 two-digit growth of
    the economy in Armenia will be registered. Minister of trade and
    Economic Development of Armenia Karen Chshmaritian made such a
    forecast today.

    According to him, there are all the preconditions for that, and during
    the first half of 2004 the GDP of Armenia increased by 9.2%. The major
    part of GDP is provided due to the real sector of the economy,. He
    mentioned that trend of the growth of the share of industry was marked
    int he structure of GDP. It should be noted it is planned to ensure 7%
    GDP growth in 2004.
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