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Armenia's Economy Revives

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  • Armenia's Economy Revives

    ARMENIA'S ECONOMY REVIVES

    The Messenger, Georgia
    May 30 2013

    The Armenian Prime Minister, Tigran Sargsyan has stated that the
    economy grew by 7.2% in 2012. The Prime Minister highlighted the
    contribution of industry in this regard and also mentioned that the
    diversification of economic development is taking place in Armenia
    as well. Meanwhile, Armenia's state loan is 3.7 billion USD. This
    represents 37% of the GDP of the country. Mr. Sargsyan said that
    since it is not more than 50% of GDP, it can be handled.

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