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.