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IMF: WORLD ECONOMY REGISTERS TENDENCY TOWARDS STABILIZATION
PanARMENIAN.NET
09.09.2009 16:29 GMT+04:00
/PanARMENIAN.Net/ World economy registers tendency towards
stabilization, International Monetary Fund representative in Armenia,
Ninke Omes stated. "World economy restoration is a slow process, yet
economists around the world believe that tendency towards stabilization
is evident, specifically in Russia and Europe," she said.
World price increase for copper and molybdenum proves the restoration
process has already started. "Copper and molybdenum price increase
will benefit Armenia, as an exporter," she noted.
According to Omes, national currency devaluation in March played into
exporters' hands. Mining companies, which stood idle, have already
started production work.
From: Emil Lazarian | Ararat NewsPress
PanARMENIAN.NET
09.09.2009 16:29 GMT+04:00
/PanARMENIAN.Net/ World economy registers tendency towards
stabilization, International Monetary Fund representative in Armenia,
Ninke Omes stated. "World economy restoration is a slow process, yet
economists around the world believe that tendency towards stabilization
is evident, specifically in Russia and Europe," she said.
World price increase for copper and molybdenum proves the restoration
process has already started. "Copper and molybdenum price increase
will benefit Armenia, as an exporter," she noted.
According to Omes, national currency devaluation in March played into
exporters' hands. Mining companies, which stood idle, have already
started production work.
From: Emil Lazarian | Ararat NewsPress