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ECONOMIC DECLINE NOT RULED OUT IN ARMENIA IN 2015, ACCORDING TO MINISTRY OF FINANCE - NEWSPAPER
YEREVAN, March 16. /ARKA/. Armenia's ministry of finance has not
ruled out the economy may decline in the country in 2015, first deputy
minister of finance Pavel Safryan said in his interview to Zhamanak
(Time) newspaper.
For comparison, a 4.1% growth is set the country's budget for 2015.
The deputy minister refrained from giving concrete figures and said
the experts are currently engaged in the respective calculations.
The situation should be also discussed with international organizations
as these indicators influencing the GDP depend mainly on countries
with which Armenia has close economic relations.
International financial institutions can finalize and assess the
impact for each country, he said.
Some assessments are already available but the recent dynamics of
growth in all close partner countries, Russia and European countries
in particular, needs to be incorporated, the deputy minister said.
At the same time, there are no grounds to agree with the two-digit
decline projections that some experts suggest, Safaryan said. -0--
http://arka.am/en/news/economy/economic_decline_not_ruled_out_in_armenia_in_2015_ according_to_ministry_of_finance_newspaper/#sthash.VvmY15of.dpuf
YEREVAN, March 16. /ARKA/. Armenia's ministry of finance has not
ruled out the economy may decline in the country in 2015, first deputy
minister of finance Pavel Safryan said in his interview to Zhamanak
(Time) newspaper.
For comparison, a 4.1% growth is set the country's budget for 2015.
The deputy minister refrained from giving concrete figures and said
the experts are currently engaged in the respective calculations.
The situation should be also discussed with international organizations
as these indicators influencing the GDP depend mainly on countries
with which Armenia has close economic relations.
International financial institutions can finalize and assess the
impact for each country, he said.
Some assessments are already available but the recent dynamics of
growth in all close partner countries, Russia and European countries
in particular, needs to be incorporated, the deputy minister said.
At the same time, there are no grounds to agree with the two-digit
decline projections that some experts suggest, Safaryan said. -0--
http://arka.am/en/news/economy/economic_decline_not_ruled_out_in_armenia_in_2015_ according_to_ministry_of_finance_newspaper/#sthash.VvmY15of.dpuf