"GDP GROWTH TO GIVE POSITIVE IMPETUS TO ARMENIAN ECONOMY"

Aysor
APril 21 2010
Armenia

"5.5percent of GDP growth at the first quarter of 2010 is quite good
index. This allows us to think that the negative consequences of the
crisis are withdrawing," Yerevan State University lecturer of the
Faculty of Economics Karlen Khachatryan said.

He assessed the growth of the scales of industrial production (10.4%),
and electric power production (9.4%) as positive.

The analyst considers it encouraging that 60 percent growth has been
observed in the exporting scales, while the index for import shows
20 percent.

"Thus, we can expect the GDP growth to give positive impetus to
the Armenian economy. This will, surely, accelerate the process of
overcoming the crisis," he highlighted.