12.1% Economic Growth Recorded In Armenia In Jan-June 2007

12.1% ECONOMIC GROWTH RECORDED IN ARMENIA IN JAN-JUNE 2007

ARKA News Agency
Aug 21 2007
Armenia

YEREVAN, August 21. /ARKA/. National Statistical Service of Armenia
says 12.1% economic growth was recorded in the country in Jan-June
2007, compared with the same period a year earlier.

According to the statistical report, GDP amounted to AMD 1287.363bln.

July’s GDP has outdone that of previous month by 38.4%.

In Jan-June 2006, 11.6% economic growth was recorded.

11-percent economic growth was planned in the 2007 state budget. ($1 –
AMD 336.84).

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.

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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