CIS FINANCE MINISTERS MEET IN MOSCOW

armradio.am
01.04.2010 17:29

Today the Minister of Finance of Armenia, Tigran Davtyan, participated
in the 4th sitting of the Permanent Conference of CIS Finance Ministers
in Moscow.

The participants of the sitting presented the macro-economic situation
in their countries, discussed the joint measures taken to overcome
the consequences of the financial-economic crisis.

Russian Finance Minister Alexei Kudrin urged his colleagues from the
Commonwealth of Independent States on to step up mutual financial
support.

He reminded that in 2009, the CIS states experienced "an unprecedented
slump in the Gross Domestic Product, which plummeted 7.5 percent on
the average. Prior to the crisis, the GDP was growing 5.5 percent a
year, on the average. Our countries’ exports plunged 46 percent and
imports – 43.5 percent."

The same day the Armenian Finance Minister participated in the 8th
sitting of the Eurasian Economic Community.