IN 2006 ARMENIAN GDP TO EXCEED LAST YEAR’S INDEX BY AT LEAST 13.5%
Noyan Tapan
Dec 26 2006
YEREVAN, DECEMBER 26, NOYAN TAPAN. In 2006, Armenia’s GDP will
exceed last year’s index by at least 13.5%. The RA Minister of Trade
and Economic Development Karen Chshmaritian stated this during the
December 26 press conference.
According to him, in 11 months of 2006, Armenia’s GDP amounted to
2 trillion 293.9 billion drams (about 5 bln 452 mln USD), while GDP
growth rate made 113.2%. The number of officially registered unemployed
made 84.4 thousand, declining by 6.2% on 2005. Monetary incomes of
the population made 1 trillion 463.3 billion drams (the growth rate
of 119.3%), while monetary expenditures made 1 trillion 424.9 billion
drams (growth rate of 119.4%). The minister said that in 2006 the
main directions of the ministry’s activities were the development
and approval of the Action Plan of the EU European Neighborhood
Policy, the formation of the legislation on state assistance to
innovation activity in Armenia, and the creation of the basis for
implementation of the program on developing Tsakhkadzor as a tourism
center. K. Chshmaritian underlined that the envisaged work has been
successfully done in all the three directions.