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INDUSTRY IS DRIVING FORCE OF ARMENIA'S ECONOMY - MP
news.am
June 21 2011
Armenia
YEREVAN.- Armenia registered an unprecedented level of economic
activity in May, said chairman of the Parliament Standing Committee
on Financial-Credit and Budgetary Affairs Gagik Minasyan.
According to him, a new important tendency was revealed - industry
has become the driving force of Armenia's economy. In particular,
industry growth made 25%. Industry growth is diversified, and is not
based solely on the mining industry, as previously. Growth has been
recorded in food, pharmacology and other industries.
Minasyan says the diversification makes Armenia's economy more
resistant to international shocks, from which the country is not safe.
The MP forecasts economic growth in Armenia will reach 5%.
From: Emil Lazarian | Ararat NewsPress
news.am
June 21 2011
Armenia
YEREVAN.- Armenia registered an unprecedented level of economic
activity in May, said chairman of the Parliament Standing Committee
on Financial-Credit and Budgetary Affairs Gagik Minasyan.
According to him, a new important tendency was revealed - industry
has become the driving force of Armenia's economy. In particular,
industry growth made 25%. Industry growth is diversified, and is not
based solely on the mining industry, as previously. Growth has been
recorded in food, pharmacology and other industries.
Minasyan says the diversification makes Armenia's economy more
resistant to international shocks, from which the country is not safe.
The MP forecasts economic growth in Armenia will reach 5%.
From: Emil Lazarian | Ararat NewsPress