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GDP growth to make 3-4% in Armenia, RA Finance Ministry says

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  • GDP growth to make 3-4% in Armenia, RA Finance Ministry says

    news.am, Armenia
    Sept 18 2010


    GDP growth to make 3-4% in Armenia, RA Finance Ministry says

    September 18, 2010 | 14:59

    This year GDP growth in Armenia will make 3-4%, Armen Hayrapetyan, the
    head of the macroeconomic department under RA Ministry of Finance and
    Economy, told a press conference on Saturday.

    According to him, the economic growth has slowed down as a result of a
    downslide in the agricultural sector. During January-July period, 23%
    decline was registered due to unfavorable climate conditions.

    Inflation will exceed the index of 4±1.5%, Hayrapetyan said.




    From: A. Papazian
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