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IMF To Review 2010 Forecasts For Armenia

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  • IMF To Review 2010 Forecasts For Armenia

    IMF TO REVIEW 2010 FORECASTS FOR ARMENIA

    PanARMENIAN.Net
    April 22, 2010 - 15:18 AMT 10:18 GMT

    The International Monetary Fund will have to review its 2010 forecasts
    for Armenia, where the first quarter results exceeded expectations,
    Prime Minister Tigran Sargsyan said.

    "It means that the global economy recession is retreating," he said,
    adding that heads of Russian and Ukrainian governments made similar
    statements the other day.

    "5% economic growth was registered in the countries whose economy
    has an impact on ours," the PM noted. "The rate will be maintained in
    Russia, thus creating a favorable atmosphere for private investments
    and export."
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