Vardan Aramyan: Armenian Economy Growth Rate Will Exceed The Figure

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

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS