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2/3 OF ARMENIA'S GDP DECLINE CONDITIONED BY CONSTRUCTION REDUCTION
PanARMENIAN.Net
12.11.2009 17:35 GMT+04:00
/PanARMENIAN.Net/ "Over 9 months of 2009 GDP declined by 18.3 per
cent, which is quite a negative index," Permanent Representative
of International Monetary Fund in Armenia Nienke Oomes told a press
conference in Yerevan.
However, she stressed that 18.3 per cent decline in GDP is greatly
conditioned by recession in the construction industry.
From: Emil Lazarian | Ararat NewsPress
PanARMENIAN.Net
12.11.2009 17:35 GMT+04:00
/PanARMENIAN.Net/ "Over 9 months of 2009 GDP declined by 18.3 per
cent, which is quite a negative index," Permanent Representative
of International Monetary Fund in Armenia Nienke Oomes told a press
conference in Yerevan.
However, she stressed that 18.3 per cent decline in GDP is greatly
conditioned by recession in the construction industry.
From: Emil Lazarian | Ararat NewsPress