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Armenia's economic growth amount to 11.9%

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  • Armenia's economic growth amount to 11.9%

    ARMENIA'S ECONOMIC GROWTH AMOUNT TO 11.9%, AVERAGE INDEX IN CIS
    COUNTRIES BEING 6.5% IN JAN-JUN 2005

    Arka News Agency, Armenia
    Aug. 7, 2006

    YEREVAN, August 7. /ARKA/. In January-June 2006, compared with
    January-June 2005, the GDP growth amounted to 11.9%, which is the
    second index among CIS countries, included in the report of the CIS
    Statistical Committee (SC) in the period under report.

    High indexes of economic growth are again recorded in Azerbaijan -
    36.3%, and comparatively low growth rates were in Kyrgyzstan and
    Ukraine - 3.1% and 5%. On average, according to the SC, economic
    growth amounted to 6.5% in CIS countries.

    Belarus comes after Azerbaijan and Armenia, whose GDP growth
    is 10.1%. The GDP in Tajikistan increased by 7.1% according to
    the results of January-June 2006, and in Russia - by 6% (in basic
    economic sectors).

    The information regarding the rest CIS countries is provided for the
    1st quarter of 2006. In particular, the GDP in Georgia increased by
    8.4%, in Kazakhstan - by 7.7%, in Moldova - by 6.2%, in Uzbekistan -
    3.6%. No information is provided on Turkmenistan. R.O. --0--
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