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ARMENIAN GOVERNMENT EXPECTS 4.2% ECONOMY GROWTH IN 2012
Mediamax
Nov 1 2011
Armenia
Yerevan/Mediamax/. The Armenian government expects 4.2% economy growth
in 2012 against the 4.6% growth registered in 2011.
The Armenian Prime Minister said this presenting Armenia's draft
state budget at the joint session of parliamentary commissions today.
"By planning a lower growth index, first of all we take into account
the external challenges and risks as well as assessments made
by international organizations. In particular, the world economy
deteriorated in 2011", said the Prime Minister.
"Economic forecasts of the Russian Federation where the 4% growth
index was taken as basis as well are most important for us. Our
forecasts were based on the common environment in the first place.
Simultaneously, the decrease in the planned index of economic growth
makes the indices of our state budget more realistic. We should
accumulate resources to face the possible new challenges", noted the
Prime Minister.
Mediamax
Nov 1 2011
Armenia
Yerevan/Mediamax/. The Armenian government expects 4.2% economy growth
in 2012 against the 4.6% growth registered in 2011.
The Armenian Prime Minister said this presenting Armenia's draft
state budget at the joint session of parliamentary commissions today.
"By planning a lower growth index, first of all we take into account
the external challenges and risks as well as assessments made
by international organizations. In particular, the world economy
deteriorated in 2011", said the Prime Minister.
"Economic forecasts of the Russian Federation where the 4% growth
index was taken as basis as well are most important for us. Our
forecasts were based on the common environment in the first place.
Simultaneously, the decrease in the planned index of economic growth
makes the indices of our state budget more realistic. We should
accumulate resources to face the possible new challenges", noted the
Prime Minister.