SERZH SARGSYAN THINKS POSITIVE TENDENCY OF ECONOMIC GROWTH WILL CONTINUE

Panorama.am
14:17 27/04/2010

Economy

Armenian President Serzh Sargsyan thinks the positive tendency of
the economic growth will continue in the country. President said
at the 11th sitting of the Atomic Energy Safety Council (AESC) that
the world financial-economic crisis has had a negative impact on the
economic growth of many countries worldwide, including Armenia.

The Armenian President recorded that the scales of electric power
production and the natural gas consumption have fallen due to the
crisis. Though, this year stability and tendency of economic growth
can be observed.

President Sargsyan said at the first quarter of this year 5.5
GDP growth has been recorded, as compared to the same period last
year. "I think, the positive tendency will continue," Serzh Sargsyan
highlighted.