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CIS Finance Ministers Meet In Moscow

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  • CIS Finance Ministers Meet In Moscow

    CIS FINANCE MINISTERS MEET IN MOSCOW

    armradio.am
    01.04.2010 17:29

    Today the Minister of Finance of Armenia, Tigran Davtyan, participated
    in the 4th sitting of the Permanent Conference of CIS Finance Ministers
    in Moscow.

    The participants of the sitting presented the macro-economic situation
    in their countries, discussed the joint measures taken to overcome
    the consequences of the financial-economic crisis.

    Russian Finance Minister Alexei Kudrin urged his colleagues from the
    Commonwealth of Independent States on to step up mutual financial
    support.

    He reminded that in 2009, the CIS states experienced "an unprecedented
    slump in the Gross Domestic Product, which plummeted 7.5 percent on
    the average. Prior to the crisis, the GDP was growing 5.5 percent a
    year, on the average. Our countries' exports plunged 46 percent and
    imports - 43.5 percent."

    The same day the Armenian Finance Minister participated in the 8th
    sitting of the Eurasian Economic Community.
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