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INDUSTRY INDEXES ENCOURAGING - ARMENIAN MINISTER
news.am
June 24 2011
Armenia
YEREVAN.- Armenia's overall economic development is rather positive,
with economic activity index making 9.9% this May.
Referring to the publication of the National Statistical Service,
Economy Minister Tigran Davtyan noted that progress in the industrial
sector is encouraging. Industrial sector registering 10-12% growth
has become the driving force of Armenia's economy.
Minister Davtyan stressed that growth was registered in nearly all
fields, not only in mining industry, as majority would think.
According to Davtyan by the end of this year Armenia will reach and
will probably exceed 4.6% economic growth index required by 2011
State Budget.
Davtyan noted that the government has abandoned the principles
of traditional economic policy, providing assistance to specific
enterprises.
From: A. Papazian
news.am
June 24 2011
Armenia
YEREVAN.- Armenia's overall economic development is rather positive,
with economic activity index making 9.9% this May.
Referring to the publication of the National Statistical Service,
Economy Minister Tigran Davtyan noted that progress in the industrial
sector is encouraging. Industrial sector registering 10-12% growth
has become the driving force of Armenia's economy.
Minister Davtyan stressed that growth was registered in nearly all
fields, not only in mining industry, as majority would think.
According to Davtyan by the end of this year Armenia will reach and
will probably exceed 4.6% economic growth index required by 2011
State Budget.
Davtyan noted that the government has abandoned the principles
of traditional economic policy, providing assistance to specific
enterprises.
From: A. Papazian