VARDAN ARAMYAN: ARMENIAN ECONOMY GROWTH RATE WILL EXCEED THE FIGURE STIPULATED

PanARMENIAN.Net
April 5, 2010 – 17:59 AMT 12:59 GMT

1,2% GDP growth stipulated in Armenia’s state budget is a modest
forecast, as, recently, global economy growth amounted to 1,3%, to
comprise 3,9% at present, according to Deputy Minister of Finance
Vardan Aramyan.

"Economy growth recently observed in Russia will boost RA economy
due to transfers to Armenia," Vardan Aramyan told a news conference.

Significant funds were invested in RA economy within governmental
anti-crisis program, which will ensue in positive changes in 2010.

"1,2% GDP growth stipulated in Armenia’s state budget is a modest
forecast, explained by possible risks, which, though decreased, did
not disappear completely. Before June 2010, Armenia’s growth rate
index will exceed the figure stipulated to become stable afterwards,"
deputy Minister concluded.

3,1% GDP growth was registered in January-February 2010, according
to RA National Statistic Service data.

From: Emil Lazarian | Ararat NewsPress