Panorama.am
13:43 27/10/06
WORLD BANK SAYS ARMENIA NOT TO HAVE TWO-DIGIT GDP
GROWTH IN 2008-2009
Armenia will not have two-digit growth of GDP in
2008-2009, Rojer Robinson, head of Yerevan office of
World Bank (WB), told a news conference today. He said
WB has never forecast 12.5% growth of GDP for Armenia.
In his words, one should be very careful in economic
forecasts because they serve as a base for the state
budget. `However, I do not see a reason for not
keeping to the pace of stable economic growth,’ he
said. `Armenia need serious institutional reforms for
stable pace of GDP growth for the coming 10 years,’
Robinson said. /Panorama.am/
From: Emil Lazarian | Ararat NewsPress
