DOUBLING OF NKR’S GDP EVIDENCE OF ACHIEVEMENT OF GOALS, NKR PM STATES

ARKA News Agency, Armenia
April 26 2006

STEPANAKERT, April 27. /ARKA/. The doubling of the GDP of the
Nagorno-Karabakh Republic (NKR) over the last four years, a more
than 43% increase in internal revenues, as well as the creation of
new jobs testify that the set goals have been achieved, NKR Premier
Anushavan Danielyan stated at meeting of the NKR Government.

According to him, a steady GDP growth and stable economy are obvious
now. Danielyan pointed out the importance of analyzing the recorded
indices for further formation of a more balanced budged with minimal
risks.

The NKR Premier spoke of further plans of developing the country’s
industry, agriculture, irrigation system and municipal economy. In
2005, the NKR’s GDP totaled AMD 51.4bln against AMD 42.830bln in
2004. ($1 – AMD 446.53).