Minister Predicts 3-5% Agricultural Growth

MINISTER PREDICTS 3-5% AGRICULTURAL GROWTH

/ARKA/
July 29, 2010
YEREVAN

YEREVAN, July 29, /ARKA/. Armenian agricultural minister Gerasim
Alaverdian predicted today a 3-5% full-year agricultural GDP growth
for 2010.

According to government data, Armenia’s agriculture shrank by 13.1%
in the first half of the year, blamed by officials on poor climatic
conditions.

The minister recalled that last year’s crop of fruits and vegetables
amounted to 161,000 tons, while now only 80.,000 tons have been
gathered. He predicted a better crop gathering rate in the second
half of the year. In his words, the predicted growth will be due to
anticipated high yield of grapes, estimated by experts to be around
215,000 tons. The minister said production of meat and fowl are also
expected to grow.

From: A. Papazian

Disclaimer: This article was contributed and translated into English by Andres-Papazian. 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/2010/08/01/minister-predicts-3-5-agricultural-growth/