CIS statistical committee forecasts 10% economic growth for Armenia in 2008

CIS statistical committee forecasts 10% economic growth for Armenia in 2008
08.08.2008


Armenia will score 10% economic growth in 2008 with the average growth showing in the Commonwealth of Independent States (CIS) fixed at 7.5%-8%, the CIS Statistical Committee has forecasted. The committee’s report slightly differs from the prognoses of government agencies of the CIS countries. Armenian state budget has forecasted 10% growth.
CIS Statistical Committee says average GDP growth of 8% is expected in the territory of the CIS forecasting 16%-18% growth for Azerbaijan (18.6% - suggested by state budget), 8-9% (9% suggested by the state budget) for Georgia, 9%-10% for Belarus, 7.5%-8% in Russia, 7%-8% in Uzbekistan, 6%-6.5% in Ukraine, 7% in Kyrgyzstan, 6.5% in Moldova, 5.6% in Tajikistan, and 5.5% in Kazakhstan.