WB Registers Growth In Armenian Economy

WB REGISTERS GROWTH IN ARMENIAN ECONOMY
Hasmik Dilanyan

"Radiolur"
31.08.2009 17:58

According to the forecasts of the World Bank, economic decline in
Armenia following the results of the year will make 12-14%.

As the Head of WB Yerevan Office Aristomene Varoudakis stated at a news
conference today, in July, as compared to June, growth was registered
in a number of spheres, particularly, the fields of construction,
industry, power generation.

"One gets the impression that decline in Armenian economy is
stopping and the growth of world prices for copper and molybdenum
also contributes to this", Aristomene Varoudakis stated.

According to WB forecasts, inflation in Armenia will make 6% following
the results of the year.

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