ARMENIAN ECONOMY DECLINES BY 14.4% IN 2009

ARKA
Jan 25, 2010

YEREVAN, January 25, /ARKA/. Armenian economy declined by 14.4% in
2009, Armenia’s National Statistical Service reported, saying that
the country’s GDP totaled 3.165.5 trillion Drams. It said the 2009
December GDP was 18.3% up from the previous month. In 2008 Armenia’s
GDP grew by 6.8% year-on-year.

According to 2009 budget, the GDP was to grow by 9.2%. ($1 – 377.75
Drams).