ADVISOR TO PRESIDENT: ARMENIAN DRAM MOST STABLE CURRENCY IN REGION

ARKA
Oct 6, 2008

YEREVAN, October 6. /ARKA/. Armenian Dram has become the most stable
currency in the region in recent years, Advisor to President of
Armenia on Economic Issues Vahram Nersisyants said at the opening
of the second Armenian Technology Congress (ArmTech). Inflation has
reached its minimum in Armenia in recent years, he said.

Nersisyants also stressed stable economic growth in the country that
has ranged within 12% since 2001.

Last year a 13.8% economic growth was recorded in the country. Economic
growth constituted 10.3% by August; hence, a two-digit economic growth
is expected to be recorded also for the year 2008, Nersisyants said.

The Advisor welcomed attraction of investments in Armenia that will
allow making the management system transparent and equal for everybody,
raising the efficiency and developing the economy.