Armenian premier: Necessary investments will be made depending on
development of GDP situation in Armenia
2009-03-13 19:09:00
ArmInfo. There are several scenarios on the GDP growth in 2009,
according to which the relevant measures are being implemented,
Armenian Prime Minister Tigran Sarkisyan told journalists when replying
to ArmInfo correspondent’s question about the process of fulfillment of
the anti-crisis programme of the Armenian government.
He also added there are scenarios which envisage zero GDP, 1,5%
falling, 4,5%- falling and 4,5%- growth of economy. Depending on
development of any scenario the needed investments will be made.
So, if the rates of falling are serious, naturally the volume of
expenses will be bigger. As of today, the World Bank said about its
decision to finance the programme. It will allocate $525 mln. IMF,
Asian Development Bank and EBRD will also finance the programme.
‘Naturally, we shall have serious volumes of private investments which
will ease overcoming of the negative consequences of the world
financial and economic crisis’, – the premier said.