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Armenia's GDP growth beats expectations

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  • Armenia's GDP growth beats expectations

    RosBusinessConsulting, Russia
    Jan 29 2007

    Armenia's GDP growth beats expectations



    RBC, 29.01.2007, Yerevan 12:52:10.Armenia's GDP grew 13.4
    percent in 2006, the Armenian government's press office announced
    citing data from Economy Minister Karen Tchshmarityan's report.
    Meanwhile, experts had projected a 4.5-percent GDP growth in 2006.

    According to the report, several economic indicators were up in
    Armenia in 2006. Hence, foreign trade soared 115.2 percent to some
    $3.198bn compared to 2005. Foreign investment surged 31.8 percent in
    the first nine months of 2006.
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