IMF FORECASTS 8% ECONOMIC GROWTH IN ARMENIA IN 2005

Pan Armenian news
22.09.2005 05:51

/PanARMENIAN.Net/ The International Monetary Fund yesterday made
public a report on economic growth prospects. According to it economic
growth will make 8% in Armenia this year. The IMF forecasts reduction
of the economic growth rate to 6% next year. Azerbaijan is the leader
on the indicator among the CIS states. The report notes that economic
growth has made 18.4% in Azerbaijan this year, while it will make 26.6%
next year. According to the IMF forecasts, this year economic growth
will make 7.5% in Georgia, while it will be 6% in Russia.