PRESIDENT OF ARMENIA: MACROECONOMIC SITUATION IN ARMENIA EVALUATED AS SUSTAINABLE AND PREDICTABLE
ArmInfo
2008-12-02 16:25:00
ArmInfo. Despite the expanding world economic crisis, Armenia still
hopes for maintaining high rates of economic growth and low inflation,
President of Armenia Serzh Sargsyan said at the 10th meeting of the
Presidential Atomic Energy Council Tuesday.
He said that high capitalization of Armenian banks may soften the
damage caused by the crisis. ‘We understand that it is impossible
to avoid the crisis, however, it is possible to minimize the loss’,
the president said. Today the macroeconomic situation in the country
is evaluated at sustainable and predictable in general.