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Armenia's GDP Grows 11.9% In Jan. 2007

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  • Armenia's GDP Grows 11.9% In Jan. 2007

    ARMENIA'S GDP GROWS 11.9% IN JAN. 2007

    RIA Novosti, Russia
    February 21, 2007

    YEREVAN, February 21 (RIA Novosti) - Armenia's gross domestic product
    grew 11.9%, year-on-year, to $230.3 million, the national statistics
    service said Wednesday.

    Industrial production expanded 4% in the reporting period, to $124
    million, and agricultural output was up 3.5%, to $38 million, the
    service said.

    Armenia's 2007 budget projects GDP growth of 9%, compared with 13.4%
    in 2006.
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