84.5% OF CONSTRUCTION IN ARMENIA IN 1ST Q 2009 PAID BY POPULATION
/ARKA/
May 4, 2009
YEREVAN
National Statistical Service of Armenia says 84.5% of the first
quarter’s construction was carried out at the account of the
population.
The population-paid construction cost AMD 11.1 billion, of which AMD
11 billion was spent for mounting.
According to the statistical report, 15.5% (AMD 24.5 billion) of
construction was carried out at the account of organizations – 31.8%
less than in the first quarter of the previous year.
AMD 40.1 billion was spent for the capital construction paid from
all sources.
The statistical report says Armenia recorded 21.9% decline in its
construction in the first quarter of 2009, compared with the same
quarter of the previous year, while population-paid construction grew
39.1%. ($1 = AMD 372.61)