TIGRAN JRBASHYAN CHARACTERIZES ARMENIA’S 1.2% ECONOMIC GROWTH INDEX AS PESSIMISTIC

PanARMENIAN.Net
26.02.2010 19:23 GMT+04:00

/PanARMENIAN.Net/ In 2010, Armenia’s economic growth will exceed 1,2%
stipulated in RA state budget, according to Ameriabank Development
Director Tigran Jrbashyan .

As he told a news conference in Yerevan, 1,2% economic growth index
in Armenia seems a pessimistic forecast in case of neutral influence
of external factors.

Inflation will cause serious problems in the first half year of 2010,
Ameriabank Development Director said, noting that its consequences
will be somewhat mitigated in the second half year. Tigran Jrbashyan
did not preclude a stable and gradual devaluation in 2010.

Recent forecasts show improvements in global economy after the crisis.

Still there’s a threat of the second stage of downfall, linked to
situation in China, Ameriabank Development Director concluded.

2010 state budget stipulates for 1,2% economic growth index and
4±1,5%.inflation.