Announcement

Collapse
No announcement yet.

1.2% Economic Growth In Armenia, Modest, But Real Figure

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • 1.2% Economic Growth In Armenia, Modest, But Real Figure

    1.2% ECONOMIC GROWTH IN ARMENIA, MODEST, BUT REAL FIGURE

    PanARMENIAN.Net
    22.01.2010 14:50 GMT+04:00

    /PanARMENIAN.Net/ "1.2 per cent economic growth in Armenia is modest,
    but a real figure, although it is difficult to say, will it be reached
    or exceeded," head of the OSCE Yerevan office Sergey Kapinos said.

    In an interview to PanARMENIAN.Net, he noted that the growth is very
    modest, because GDP dropped by 15 per cent in 2009.

    According to Sergey Kapinos, in order to mitigate the consequenses
    of the severe crisis of the OSCE office has assisted the Government
    of Armenia by organizing various forums and bringing international
    experts to Armenia. "I think their assessments and solutions are
    perceived and the government has mobilized its resources to overcome
    the crisis," he said.

    Budgeted growth is expected to reach 1,2 per cent, while the inflation
    - 4 ± 1,5%.
Working...
X