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IMF Forcasts 8% Economic Growth In Armenia In 2005

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  • IMF Forcasts 8% Economic Growth In Armenia In 2005

    IMF FORECASTS 8% ECONOMIC GROWTH IN ARMENIA IN 2005

    Pan Armenian news
    22.09.2005 05:51

    /PanARMENIAN.Net/ The International Monetary Fund yesterday made
    public a report on economic growth prospects. According to it economic
    growth will make 8% in Armenia this year. The IMF forecasts reduction
    of the economic growth rate to 6% next year. Azerbaijan is the leader
    on the indicator among the CIS states. The report notes that economic
    growth has made 18.4% in Azerbaijan this year, while it will make 26.6%
    next year. According to the IMF forecasts, this year economic growth
    will make 7.5% in Georgia, while it will be 6% in Russia.
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