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Armenia's Economic Growth Amount to 11.9 Per Cent

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  • Armenia's Economic Growth Amount to 11.9 Per Cent

    ARMENIA'S ECONOMIC GROWTH AMOUNT TO 11.9 PER CENT

    ArmRadio.am
    08.08.2006 11:37

    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, Arka News Agency reported.

    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.
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