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WB Registers Growth In Armenian Economy

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  • WB Registers Growth In Armenian Economy

    WB REGISTERS GROWTH IN ARMENIAN ECONOMY
    Hasmik Dilanyan

    "Radiolur"
    31.08.2009 17:58

    According to the forecasts of the World Bank, economic decline in
    Armenia following the results of the year will make 12-14%.

    As the Head of WB Yerevan Office Aristomene Varoudakis stated at a news
    conference today, in July, as compared to June, growth was registered
    in a number of spheres, particularly, the fields of construction,
    industry, power generation.

    "One gets the impression that decline in Armenian economy is
    stopping and the growth of world prices for copper and molybdenum
    also contributes to this", Aristomene Varoudakis stated.

    According to WB forecasts, inflation in Armenia will make 6% following
    the results of the year.
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