news.am, Armenia
Sept 18 2010

GDP growth to make 3-4% in Armenia, RA Finance Ministry says

September 18, 2010 | 14:59

This year GDP growth in Armenia will make 3-4%, Armen Hayrapetyan, the
head of the macroeconomic department under RA Ministry of Finance and
Economy, told a press conference on Saturday.

According to him, the economic growth has slowed down as a result of a
downslide in the agricultural sector. During January-July period, 23%
decline was registered due to unfavorable climate conditions.

Inflation will exceed the index of 4±1.5%, Hayrapetyan said.

From: A. Papazian