DGP Slumped 7% In CIS Countries In 2009

DGP SLUMPED 7% IN CIS COUNTRIES IN 2009

PanARMENIAN.Net
08.02.2010 10:39 GMT+04:00

/PanARMENIAN.Net/ The Gross Domestic Product slumped 7% in member
countries of the Commonwealth of Independent States in 2009, according
to the data provided by CIS Statistical Committee.

The worst index was registered in Armenia (14.4% slump). 7.9% slump
was fixed in Russia; 7.8% in Georgia; 1.5% in Kazakhstan; 7.7% in
Moldova; 15.9% in Ukraine (third quarter data).

GDP growth was fixed in Azerbaijan (9.3%); Belarus (0.2%); Kyrgyzstan
(2.8%), Tajikistan (3.4%) and Uzbekistan (8.1%).

Inflation was 8% throughout the Commonwealth, with the highest
index registered in Ukraine (12.3%). 10,1% inflation was fixed in
Belarus; 8.8% in Russia; 7.4% in Uzbekistan; 6.5% in Armenia; 6.2%
in Kazakhstan; 5% in Tajikistan; 0.7% in Azerbaijan; 0.4% in Moldova
and 0% in Kyrgyzstan. Georgia saw a 2.1% deflation.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS