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EBRD PROGNOSES 2% ECONOMIC GROWTH IN 2010 IN ARMENIA
ARKA
Feb 16, 2010
YEREVAN, February 16. /ARKA/. Armenia expects 2% growth of economy by
the results of 2010 against the background of slow rates in transition
countries. It makes in average 3.3%, said Helena Schweiger, Specialist
of Armenian economy of European Bank of Reconstruction and Development.
"The indicator can be more or less. It depends on the situation
and whether the government will implement reforms", she said while
Transition Report Presentation.
Schweiger said that construction sphere will not go back to pre-crisis
times in the next two years.
EBRD expects growth of export and increase of demand of Armenian
goods in trade partner-countries.
"Agriculture was one of good functioning spheres and probably it will
remain the same", she said.
She also hoped that in future the government will implement reforms
which will assist in the increase of economy, particularly in
competitiveness.
According to approved state budget of Armenia, economic growth in
the country by the results of 2010 is planned by 1.2%.
ARKA
Feb 16, 2010
YEREVAN, February 16. /ARKA/. Armenia expects 2% growth of economy by
the results of 2010 against the background of slow rates in transition
countries. It makes in average 3.3%, said Helena Schweiger, Specialist
of Armenian economy of European Bank of Reconstruction and Development.
"The indicator can be more or less. It depends on the situation
and whether the government will implement reforms", she said while
Transition Report Presentation.
Schweiger said that construction sphere will not go back to pre-crisis
times in the next two years.
EBRD expects growth of export and increase of demand of Armenian
goods in trade partner-countries.
"Agriculture was one of good functioning spheres and probably it will
remain the same", she said.
She also hoped that in future the government will implement reforms
which will assist in the increase of economy, particularly in
competitiveness.
According to approved state budget of Armenia, economic growth in
the country by the results of 2010 is planned by 1.2%.