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The Messenger, Georgia
July 16 2010
Armenia's economy emerging from crisis
By Messenger Staff Thursday, July 15
Deputy Finance Minister of Armenia Vardan Aramian has stated that by
the end of 2010 Armenia's economy will grow by 4.8%. He added that
2009 was quite a difficult year for Armenia's economy but the
Government took all necessary measures to improve, stabilise and
stimulate it. GDP fell by around 19% in 2009.
Aramian also added that the country's Government is supporting the
most important segments of the country's economy, in particular
metallurgy, allotting USD 44 million for this field. The Government is
also stimulating the development of the construction business as well.
From: A. Papazian
July 16 2010
Armenia's economy emerging from crisis
By Messenger Staff Thursday, July 15
Deputy Finance Minister of Armenia Vardan Aramian has stated that by
the end of 2010 Armenia's economy will grow by 4.8%. He added that
2009 was quite a difficult year for Armenia's economy but the
Government took all necessary measures to improve, stabilise and
stimulate it. GDP fell by around 19% in 2009.
Aramian also added that the country's Government is supporting the
most important segments of the country's economy, in particular
metallurgy, allotting USD 44 million for this field. The Government is
also stimulating the development of the construction business as well.
From: A. Papazian