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Armenia In 6th Place In World By GDP Growth Index

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  • Armenia In 6th Place In World By GDP Growth Index

    ARMENIA IN 6th PLACE IN WORLD BY GDP GROWTH INDEX

    Noyan Tapan
    http://www.nt.am?shownews=1009892
    Nov 20, 2008

    YEREVAN, NOVEMBER 20, NOYAN TAPAN. The Armenian government attaches
    importance to the outside world's opinions about economic developments
    in the country. The annual reports "Economic Developments in Armenia"
    published by the Armenian European Policy and Legal Advice Center
    (AEPLAC) present a "European view" on economic development processes
    in Armenia. The 2007 report also shows that the Armenian economy
    is developing in a correct way, the RA minister of finance Tigran
    Davtian said at the November 19 presentation of the annual report
    "Economic Developments in Armenia 2007".

    According to him, the Armenian government receives technical
    assistance from AEPLAC in the implementation of economic reforms,
    and the government is satisfied with level of that cooperation.

    The report was given by the head of AEPLAC's economic team Gagik
    Gabrielian.

    In the report, 60 countries were selected for comparison with Armenia
    and monitoring. It was mentioned that by data of the International
    Monetary Fund (IMF), in 2007 Armenia was in 6th place among 181
    countries by the index of GDP growth (13.8%). By data of the World
    Bank, in 2007 Armenia was in 82nd place in the world and in 6th place
    among CIS countries by the index of per capita purchasing capacity
    (5,711 dollars).

    The head of the European Commission Delegation in Armenia Raul de
    Luzenberger said that an agreement has been reached with the Armenian
    government, under which the AEPLAC will continue its work in 2009-2010.
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