GDP of Azerbaijan to increase by 16 percent against Armenia’s 8.5

AZG Armenian Daily #123, 06/07/2005

Region

GDP OF AZERBAIJAN TO INCREASE BY 16 PERCENT AGAINST ARMENIA’S 8.5

Interfax news agency informs that the first 6 months of 2005 marked 16
percent growth in Azerbaijan’s gross domestic product, whereas Armenia is
lagging behind with only 8.5 percent. Azerbaijan is leading in the sphere of
industrial growth as well with more than 19 percent growth. The index for
Armenia was 4.5 percent.