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GAGIK MINASYAN SAYS ARMENIA IS OVERCOMING THE CONSEQUENCES OF CRISIS
ARMENPRESS
APRIL 30, 2010
YEREVAN
YEREVAN, APRIL 30, ARMENPRESS: Armenia is overcoming the consequences
of crisis and comes closer to the indices of the post-crisis year,
chairman of the NA's finance-crediting and budget affairs standing
committee Gagik Minasyan said, adding that a positive tendency is
being noted in the economy and he came to that opinion analyzing the
macro-economic indices of the first quarter.
In the first quarter Armenia has registered 5.5% GDP growth. The
industry sphere has registered 10% growth, services 6% and agriculture
3%. As to the construction, G. Minasyan said that no decline has been
registered in the sphere as compared with the first quarter of the
previous year.
"That is to say for the first time in the past one year absence of
reduction is being registered. These indices show that the process
of the economic crisis ended in Armenia. I think that in very close
future we may say that all the indices before the crisis are too
available for us," Gagik Minasyan noted with delight.
Referring to the export indices, G. Minasyan said that in the first
quarter of 2010 60% growth has been registered and the import increased
with 23%. "It seems to be a positive tendency but together with it
high level of increase of prices is being registered which really
is of concern both for the insecure strata of population and the
government," G. Minasyan said.
ARMENPRESS
APRIL 30, 2010
YEREVAN
YEREVAN, APRIL 30, ARMENPRESS: Armenia is overcoming the consequences
of crisis and comes closer to the indices of the post-crisis year,
chairman of the NA's finance-crediting and budget affairs standing
committee Gagik Minasyan said, adding that a positive tendency is
being noted in the economy and he came to that opinion analyzing the
macro-economic indices of the first quarter.
In the first quarter Armenia has registered 5.5% GDP growth. The
industry sphere has registered 10% growth, services 6% and agriculture
3%. As to the construction, G. Minasyan said that no decline has been
registered in the sphere as compared with the first quarter of the
previous year.
"That is to say for the first time in the past one year absence of
reduction is being registered. These indices show that the process
of the economic crisis ended in Armenia. I think that in very close
future we may say that all the indices before the crisis are too
available for us," Gagik Minasyan noted with delight.
Referring to the export indices, G. Minasyan said that in the first
quarter of 2010 60% growth has been registered and the import increased
with 23%. "It seems to be a positive tendency but together with it
high level of increase of prices is being registered which really
is of concern both for the insecure strata of population and the
government," G. Minasyan said.