9.7% DECREASE IN GDP IN ARMENIA IN JAN-APR 2009
ARKA
June 3, 2009
YEREVAN, June 3. /ARKA/. A decrease of 9.7% in gross domestic product
(GDP) was recorded in Armenia this January-April as compared with
corresponding period last year. The CIS Statistical Committee reported
an average decrease of 9% in GDP in the CIS this January-April as
compared with the corresponding period last year.
During the period under review, the macroeconomic situation worsened
in three of the CIS member-countries, and improved in four of them.
The largest GDP growth was recorded in Azerbaijan (4.3%), followed
by Tajikistan (2.9%), Belarus (1.2%) and Kyrgyzstan (0.5%). On the
other hand, a decrease of 5.1% in GDP was recorded in Kazakhstan
(in basic economic activities), and a decreased of 9.8% in Russia.
In the 1st quarter this year, Uzbekistan recorded 7.9% GDP growth as
compared with the corresponding period last year. Georgia recorded 2.1%
GDP growth last year as compared with 2007.
Turkmenistan and Ukraine did not provide any information.
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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