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ARMENIA REVEALS GDP GROWTH ESTIMATE
RosBusinessConsulting, Russia
Dec 26 2006
RBC, 26.12.2006, Yerevan 19:57:28.GDP growth will amount to no
less than 13.5 percent in Armenia in 2006, ARKA News Agency quoted
the republic's Economy Minister Karen Tchshmarityan as saying. In
January-November, Armenia's GDP rose 13.2 percent, he said. The
minister attributed this advance to an increase in the country's
industrial production.
Investment in Armenia's real economy, excluding state-backed credit,
will exceed $400m in 2006, which is a 20-25 percent increase on the
year before. Investment went chiefly to such sectors as transport,
telecommunications, and the mining and metallurgy industries,
Tchshmarityan stressed.
RosBusinessConsulting, Russia
Dec 26 2006
RBC, 26.12.2006, Yerevan 19:57:28.GDP growth will amount to no
less than 13.5 percent in Armenia in 2006, ARKA News Agency quoted
the republic's Economy Minister Karen Tchshmarityan as saying. In
January-November, Armenia's GDP rose 13.2 percent, he said. The
minister attributed this advance to an increase in the country's
industrial production.
Investment in Armenia's real economy, excluding state-backed credit,
will exceed $400m in 2006, which is a 20-25 percent increase on the
year before. Investment went chiefly to such sectors as transport,
telecommunications, and the mining and metallurgy industries,
Tchshmarityan stressed.