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Expert Predicts Double-Digit Growth In Agriculture

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  • Expert Predicts Double-Digit Growth In Agriculture

    EXPERT PREDICTS DOUBLE-DIGIT GROWTH IN AGRICULTURE

    /ARKA/
    APRIL 25, 2012
    YEREVAN

    YEREVAN, April 25. /ARKA/. Tatul Manaserian, head of Alternative
    think-tank, said Armenia's agriculture will see a double-digit growth
    in autumn this year, because of 'ongoing growth trends and favorable
    weather conditions,' which, according to experts, will continue
    through the sowing and harvesting periods.

    These are the main factors, which allow to predict a double-digit
    growth in agriculture, he said.

    According to the National Statistical Service, Armenia's agricultural
    GDP last year in current prices amounted to more than 825.2 billion
    drams, having increased by 14.1% from the previous year.

    In the first quarter of 2012 agricultural GDP amounted to more than
    65 billion drams, as much as in the first quarter of 2011. ($1 -392.56
    drams).

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