Panorama.am
13:43 27/10/06
WORLD BANK SAYS ARMENIA NOT TO HAVE TWO-DIGIT GDP
GROWTH IN 2008-2009
Armenia will not have two-digit growth of GDP in
2008-2009, Rojer Robinson, head of Yerevan office of
World Bank (WB), told a news conference today. He said
WB has never forecast 12.5% growth of GDP for Armenia.
In his words, one should be very careful in economic
forecasts because they serve as a base for the state
budget. `However, I do not see a reason for not
keeping to the pace of stable economic growth,’ he
said. `Armenia need serious institutional reforms for
stable pace of GDP growth for the coming 10 years,’
Robinson said. /Panorama.am/
From: Emil Lazarian | Ararat NewsPress
Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2006/10/29/world-bank-says-armenia-not-to-have-two-digit-gdp-growth-in-2008-09/
