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GDP Goes 9.7% Down To 638.9bln Drams In Armenia In January-April

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  • GDP Goes 9.7% Down To 638.9bln Drams In Armenia In January-April

    GDP GOES 9.7% DOWN TO 638.9BLN DRAMS IN ARMENIA IN JANUARY-APRIL

    ARKA
    May 20, 2009

    YEREVAN, May 20. /ARKA/. Gross Domestic Product (GDP) reduced by 9.7%
    in Armenia in January-April 2009 against the same period of last year.

    The RA National Statistical Service reported that the GDP totaled
    638.9bln Drams ($1,894.4mln).

    GDP produced in April only was by 5.4% lower than that recorded in
    the previous month.

    A 9.3% economic growth was recorded in January-April this year. A
    9.2% economic growth was planned in Armenia for 2009 under the state
    budget. ($1=373.18Drams).
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