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Armenian Export Volume In 2013 To Grow Thrice, Gagik Minasyan Says

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  • Armenian Export Volume In 2013 To Grow Thrice, Gagik Minasyan Says

    ARMENIAN EXPORT VOLUME IN 2013 TO GROW THRICE, GAGIK MINASYAN SAYS

    Mediamax
    Nov 8 2012
    Armenia

    Yerevan/Mediamax/. Chairman of the Standing Committee on
    Financial-Credit and Budgetary Affairs of the Armenian National
    Assembly, Gagik Minasyan, forecasts that the volume of the Armenian
    export in 2013 will grow three times.

    Speaking with the reporters in Yerevan today, Gagik Minasyan said
    that this year export growth rates exceeded the import growth rates
    two times, Mediamax reports.

    Gagik Minasyan said that the draft state budget for 2013 envisages
    high GDP growth. According to him, in 2013 there will be 6.3% GDP
    growth, and the inflation will make about 4%.

    "As before, next year we will try to keep the microeconomic stability,"
    said Gagik Minasyan.

    According to him, next year the economic growth will be mainly provided
    by agricultural and industrial spheres.

    Speaking about Armenia's foreign debt, he said that "at the end of
    the year the debt will make $3,8bln". In 2013, the foreign debt of
    the country will make $4bln or 37% of GDP.

    "Armenia has always been very punctual in maintaining its foreign
    debt. It is a priority task, that's why relevant expenditures will
    grow by almost AMD 40bln," Gagik Minasyan said.

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