Armenian Prime Minister says high economic growth rate to be preserved throughout the year
Armenian Prime Minister says high economic growth rate to be preserved throughout the yearARKA, 10.04.2010
Armenian prime minister Tigran Sarkisian said today the current high economic growth rate will be preserved throughout the year.
Speaking at a joint session of Armenian and Nagorno-Karabakh governments in Stepanakert, Nagorno-Karabakh capital today, he said the indicators of the first two months show that the projected figures were exceed by 2.5 times. He said the government is sure that this trend will be maintained until the end of the year.
According to government figures, Armenian economy posted a 3.1% growth in Jan.-Feb. from the same period of time last year. The inflation in February grew by 0.8% from January and to 8.8% from the same time span last year. The Armenian government projects a 4 ±1.5% inflation rate for 2010 and a 1.2% GDP growth. ($1 – 397.84 Drams). -0-
