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ECONOMIC CONDITIONS TO GET TOUGHER IN 2010: ASATRYAN
NEWS.am
12:37 / 12/10/2009
There is no guarantee that Armenia will register enlivening in 2010,
Former Chairman of Central Bank of Armenia Bargrat Asatryan stated
at Dec. 10 meeting with the journalists.
"Based on my estimates, economic conditions are expected to get tougher
in 2010, at that it is the best case scenario," Asatryan said noting
that economic slump 2010 will make 1.5% as compared to 2009.
According to the expert, the downturn in the country will exceed 15%
this year.
Economic growth will be registered in some fields, however decrease
in foreign trade will be recorded, Asatryan underlined, adding that
upturn can be expected only in 2011.
From: Emil Lazarian | Ararat NewsPress
NEWS.am
12:37 / 12/10/2009
There is no guarantee that Armenia will register enlivening in 2010,
Former Chairman of Central Bank of Armenia Bargrat Asatryan stated
at Dec. 10 meeting with the journalists.
"Based on my estimates, economic conditions are expected to get tougher
in 2010, at that it is the best case scenario," Asatryan said noting
that economic slump 2010 will make 1.5% as compared to 2009.
According to the expert, the downturn in the country will exceed 15%
this year.
Economic growth will be registered in some fields, however decrease
in foreign trade will be recorded, Asatryan underlined, adding that
upturn can be expected only in 2011.
From: Emil Lazarian | Ararat NewsPress