Armenian PM sees return to economic growth in 201006.09.09, 09:14 AM EDT
MOSCOW, June 9 (Reuters) – Armenia’s economy will return to growth of
around 1 percent in 2010 after a contracting this year, Prime Minister
Tigran Sarksyan said on Tuesday.
Inflation will run at no more than 5 percent this year, while the
budget deficit will hit 7 percent of gross domestic product (GDP)
before easing slightly to 5-6 percent in 2010, he said.
‘The government and the central bank will continue to carry out
expansionary policies,’ he said. (Reporting by Gleb Bryanski, Writing
by Toni Vorobyova) Keywords: ARMENIA ECONOMY/
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