Over January-May GDP of CIS countries decreased by 9 per cent

Over January-May GDP of CIS countries decreased by 9 per cent
04.07.2009 13:52 GMT+04:00

/PanARMENIAN.Net/ Over January-May GDP of CIS countries decreased by 9
per cent on average compared with same period last year, the
Interstate Statistical Committee of the Commonwealth reports.
Over January-May, 2009 compared to the same period of last year
Armenia’s GDP declined by 15.7 per cent.. According to the CIS
Statistical Committee, the highest economic growth, 4.4 per cent, over
January-May has been recorded in Azerbaijan, Tajikistan (3.2 per cent)
and Belarus (1.4 per cent).
According to CIS Statistical Committee, in several countries recorded
economic slowdown – in Kyrgyzstan minus 0.9%, in Kazakhstan, minus
5.3%, in Moldova – minus 6.9% and Russia 13.6%.

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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Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS