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Advisor To President: Armenian Dram Most Stable Currency In Region

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  • Advisor To President: Armenian Dram Most Stable Currency In Region

    ADVISOR TO PRESIDENT: ARMENIAN DRAM MOST STABLE CURRENCY IN REGION

    ARKA
    Oct 6, 2008

    YEREVAN, October 6. /ARKA/. Armenian Dram has become the most stable
    currency in the region in recent years, Advisor to President of
    Armenia on Economic Issues Vahram Nersisyants said at the opening
    of the second Armenian Technology Congress (ArmTech). Inflation has
    reached its minimum in Armenia in recent years, he said.

    Nersisyants also stressed stable economic growth in the country that
    has ranged within 12% since 2001.

    Last year a 13.8% economic growth was recorded in the country. Economic
    growth constituted 10.3% by August; hence, a two-digit economic growth
    is expected to be recorded also for the year 2008, Nersisyants said.

    The Advisor welcomed attraction of investments in Armenia that will
    allow making the management system transparent and equal for everybody,
    raising the efficiency and developing the economy.
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