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Results Of Government's Anticrisis Measures Already Noticeable In Ar

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  • Results Of Government's Anticrisis Measures Already Noticeable In Ar

    RESULTS OF GOVERNMENT'S ANTICRISIS MEASURES ALREADY NOTICEABLE IN ARMENIAN ECONOMY

    Noyan Tapan
    July 22, 2009

    YEREVAN, JULY 22, NOYAN TAPAN. The results of the anticrisis measures
    taken by the government are already noticeable in the Armenian economy,
    RA Prime Minister Tigran Sargsyan stated during the July 21 visit to
    Aspar Wild Tour company. In his words, these results are first of all
    evident thanks to the programs implemented in construction sector:
    construction volumes grew by 230% in a month, due to which there has
    been an improvement in the economic indices.

    The commodity turnover has increased to some extent. The decline is
    the agricultural sector is still continuing, which is also conditioned
    by the season. T. Sargsyan expressed a hope that there will be higher
    growth rates in agriculture in August. According to him, the extent
    of the decline was smaller than expected.

    T. Sargsyan said that the economic slump trends are expected to end
    in late 2009. Some deceleration in the slump can be expected from
    this month. "Our anticrisis program is quite simple, and we should
    be consistent in its implementation," the prime minister stated.
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