Armenian GDP Grows 7% In January And February

ARMENIAN GDP GROWS 7 PERCENT IN JANUARY AND FEBRUARY

Armenpress
Mar 21 2006

YEREVAN, MARCH 21, ARMENPRESS: Armenia’s gross GDP in the first two
months of this year amounted to 164.4 billion drams, marking a 7
percent growth from a year ago and a 27 percent growth over January,
2006.

Armenia’s national statistical committee (Armstat) said the volume
of industrial output in January and February was 89. 6 billion drams
(not counting indirect taxes). The growth rate was down 0.6 percent
from a year ago, however, in February the industrial growth rate
was up 11.3 percent over January. Armenian power plants produced
1.1 billion kilowatt/ hours electricity in the reported time, 89.2
percent of electricity amount produced a year ago.

Agricultural output in the first two months of 2006 amounted to 24.5
billion drams, a 2.2 percent growth from a year ago. Armenia’s trade
amounted to 364.6 billion drams, a 5 percent growth from a year ago.

Exports amounted to 113.4 billion drams and imports to 251.1
billion drams. The growth from a year ago was 14.2 and 5.6 percent
respectively.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS