RosBusinessConsulting, Russia
Jan 29 2007

Armenia’s GDP growth beats expectations

RBC, 29.01.2007, Yerevan 12:52:10.Armenia’s GDP grew 13.4
percent in 2006, the Armenian government’s press office announced
citing data from Economy Minister Karen Tchshmarityan’s report.
Meanwhile, experts had projected a 4.5-percent GDP growth in 2006.

According to the report, several economic indicators were up in
Armenia in 2006. Hence, foreign trade soared 115.2 percent to some
$3.198bn compared to 2005. Foreign investment surged 31.8 percent in
the first nine months of 2006.