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Double-Digit Economic Growth Not Expected In Armenia In The Near Fut

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  • Double-Digit Economic Growth Not Expected In Armenia In The Near Fut

    DOUBLE-DIGIT ECONOMIC GROWTH NOT EXPECTED IN ARMENIA IN THE NEAR FUTURE - IMF

    October 01, 2013 | 17:51

    YEREVAN. - Armenia should not expect double-digit economic growth in
    the near future, since economic growth is falling to its normal rate
    of 4-5 percent, IMF Resident Representative said.

    In an interview with the RFE/RL Armenian service, Teresa Daban-Sanchez
    said Armenia's economic activity keeps slowing down.

    "Armenia's economy grew by 7 percent last year, and our prediction
    was that this will slow down and will reach, as we call it, normal
    growth rate for Armenia, that is 4-5 percent," she said.

    http://news.am/eng/news/173900.html




    From: A. Papazian
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