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2012 SUCCESSFUL FOR ARMENIAN ECONOMY, MINISTER SAYS
Nvard Davtyan
"Radiolur"
16:09 26.12.2012
"2012 can be considered a successful year for Armenia's economy. We'll
manage to close the year with indices much higher than those envisaged
by state budget 2012," Minister of Economy Tigran Davtyan told a
press conference today, summing up the results of the passing year.
According to the Minister, the GDP growth will make 7% instead of
the 4.2% envisaged. The fields of the real sector of economy have
developed most rapidly, he said, adding that this first of all refers
to the sphere of industry, where the growth is expected to reach 10%.
"The volumes of production have exceeded the threshold of 1 trillion
AMD as of November. This is unprecedented. We had never had that
volume of production in post-Soviet Armenia," Tigran Davtyan said.
According to the Minister, the exports have exceeded important about
2.5 times, and the trend is expected to continue in the coming years.
"When speaking about economic indices, we should keep in mind that they
have been registered in a period when global economy faces serious
challenges, i.e. we have achieved growth against the background of
recession processes in world economy," Tigran Davtyan said.
http://www.armradio.am/en/2012/12/26/2012-successful-for-armenian-economy-minister-says/
Nvard Davtyan
"Radiolur"
16:09 26.12.2012
"2012 can be considered a successful year for Armenia's economy. We'll
manage to close the year with indices much higher than those envisaged
by state budget 2012," Minister of Economy Tigran Davtyan told a
press conference today, summing up the results of the passing year.
According to the Minister, the GDP growth will make 7% instead of
the 4.2% envisaged. The fields of the real sector of economy have
developed most rapidly, he said, adding that this first of all refers
to the sphere of industry, where the growth is expected to reach 10%.
"The volumes of production have exceeded the threshold of 1 trillion
AMD as of November. This is unprecedented. We had never had that
volume of production in post-Soviet Armenia," Tigran Davtyan said.
According to the Minister, the exports have exceeded important about
2.5 times, and the trend is expected to continue in the coming years.
"When speaking about economic indices, we should keep in mind that they
have been registered in a period when global economy faces serious
challenges, i.e. we have achieved growth against the background of
recession processes in world economy," Tigran Davtyan said.
http://www.armradio.am/en/2012/12/26/2012-successful-for-armenian-economy-minister-says/