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6.3-6.4 PERCENT ECONOMIC GROWTH IS EXPECTED IN ARMENIA FOR COMING THREE YEARS
http://armenpress.am/eng/news/724816/63-64-percent-economic-growth-is-expected-in-armenia-for-coming-three-years.html
20:41, 2 July, 2013
YEREVAN, JULY 2, ARMENPRESS: The annual growth of real GDA in Armenia
for 2014-2016 is has been forecasted correspondingly 6.3, 6.3 and 6.4
percent. "Armenpress" reports calling the official website of Armenian
Government that about this is mentioned in the project of Midterm
expenditure program. It is expected that the above-mentioned economic
growth will be supported greatly by service and industry fields.
For midterm forecasts as a base have served the recorded trends
and features of economic development in post-crisis period,
the expectations and analyzes about world economy introduced by
international organizations as well as the directions of midterm
state policy presented by ministries.
It is also expected that the macroeconomic balance will be improved
by the program. By the program will be determined by spheres strict
budget limitations creating conditions and stimulations for ministries
for targeted and efficient usage of available finds.
The system of budget programs' estimation will be improved and the
level of transparency of state finance management will become higher.
By the Government's program of 2013 is expected to secure 6.3 percent
economic growth.
http://armenpress.am/eng/news/724816/63-64-percent-economic-growth-is-expected-in-armenia-for-coming-three-years.html
20:41, 2 July, 2013
YEREVAN, JULY 2, ARMENPRESS: The annual growth of real GDA in Armenia
for 2014-2016 is has been forecasted correspondingly 6.3, 6.3 and 6.4
percent. "Armenpress" reports calling the official website of Armenian
Government that about this is mentioned in the project of Midterm
expenditure program. It is expected that the above-mentioned economic
growth will be supported greatly by service and industry fields.
For midterm forecasts as a base have served the recorded trends
and features of economic development in post-crisis period,
the expectations and analyzes about world economy introduced by
international organizations as well as the directions of midterm
state policy presented by ministries.
It is also expected that the macroeconomic balance will be improved
by the program. By the program will be determined by spheres strict
budget limitations creating conditions and stimulations for ministries
for targeted and efficient usage of available finds.
The system of budget programs' estimation will be improved and the
level of transparency of state finance management will become higher.
By the Government's program of 2013 is expected to secure 6.3 percent
economic growth.