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NKR GDP 18 per cent up in 2004

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  • NKR GDP 18 per cent up in 2004

    The NKR [Nagornyy Karabakh Republic]GDP 18 per cent up in 2004

    Artsakh Public TV, Stepanakert
    26 Apr 05

    Text of report by Nagornyy Karabakh's Artsakh Public TV on 26 April

    The NKR [Nagornyy Karabakh Republic] Cabinet of Ministers held a
    plenary meeting on 26 April.

    The Cabinet adopted over 40 decisions, draft laws, changes and
    amendments to some laws. The adopted decisions covered economic issues
    in general, agriculture, health care, social security, taxation,
    education, sports, finance and so on.

    The Cabinet also adopted a report on the 2004 state budget. GDP in
    2004 increased by 18.2 per cent, budget revenue being 48 per cent more
    than in 2003, the NKR prime minister, Anushavan Daniyelyan, said. In
    2005, GDP will reach 48bn drams [109m dollars], and thus, the NKR's
    GDP will double compared to 2001, Anushavan Daniyelyan noted.
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