GDP Volume In Armenia Was Reduced From 18.3% To 2123.2 Billion Drams

GDP VOLUME IN ARMENIA WAS REDUCED FROM 18.3% TO 2123.2 BILLION DRAMS IN JANUARY-SEPTEMBER 2009 – STATISTICS

ARKA
Oct 20, 2009

YEREVAN, October 20. /ARKA/. In January-September 2009 GDP volume in
Armenia was reduced by 18.3% compared with the similar period of 2008.

ARKA was informed from National Statistic Service of Armenia that
GDP volume was 2123.2 billion drams.

GDP volume was 4.8% higher in September 2009 than the level of the
previous month. In January-September 2009 economic growth was 10.3%.

According to the state budget, GDP growth in 2009 was planned on the
level of 9.2%. ($1 – 381.52 drams).

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