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ARMENIAN GOVERNMENT TO CONVENE FOR SPECIAL MEETING TO DISCUSS GDP GROWTH DYNAMICS
YEREVAN, August 8. / ARKA /. The Armenian government will convene
for a special meeting to discuss the dynamics of GDP growth in 2013,
and will take also stock of economic growth over the past few months
at a subsequent meeting, Prime Minister Tigran Sargsyan said at a
today's cabinet session.
"We are collecting now GDP data and will summarize the results of
economic growth over the past few months and unveil our forecasts
about the annual growth," he said.
Tigran Sargsyan noted that all the data will be presented to the State
Revenue Committee that will be assigned to identify the potential
for collecting additional taxes.
According to the "CIS Macromonitor," published by the Research
Department of the Eurasian Development Bank (EDB), in the first quarter
of 2013 Armenia's GDP growth accelerated to 7.5%, but it is projected
to slow down to 5% by the yearend.
According to the report, the strong dynamics of economic activity
in Armenia is due to the high rate of output growth in agriculture
and mining sectors backed by relatively strong domestic demand,
stimulated by money remittances from abroad made by labor migrants.
According to official statistical data, Armenia's economic activity
index, in January-June 2013 increased by 4.4% compared to the same
period in 2012. The government GDP projection for this year is 6.2%.
($ 1 - 409.49 drams). -0- - See more at:
http://arka.am/en/news/economy/armenian_government_to_convene_for_special_meeting _to_discuss_gdp_growth_dynamics/#sthash.yOGipZqi.dpuf
YEREVAN, August 8. / ARKA /. The Armenian government will convene
for a special meeting to discuss the dynamics of GDP growth in 2013,
and will take also stock of economic growth over the past few months
at a subsequent meeting, Prime Minister Tigran Sargsyan said at a
today's cabinet session.
"We are collecting now GDP data and will summarize the results of
economic growth over the past few months and unveil our forecasts
about the annual growth," he said.
Tigran Sargsyan noted that all the data will be presented to the State
Revenue Committee that will be assigned to identify the potential
for collecting additional taxes.
According to the "CIS Macromonitor," published by the Research
Department of the Eurasian Development Bank (EDB), in the first quarter
of 2013 Armenia's GDP growth accelerated to 7.5%, but it is projected
to slow down to 5% by the yearend.
According to the report, the strong dynamics of economic activity
in Armenia is due to the high rate of output growth in agriculture
and mining sectors backed by relatively strong domestic demand,
stimulated by money remittances from abroad made by labor migrants.
According to official statistical data, Armenia's economic activity
index, in January-June 2013 increased by 4.4% compared to the same
period in 2012. The government GDP projection for this year is 6.2%.
($ 1 - 409.49 drams). -0- - See more at:
http://arka.am/en/news/economy/armenian_government_to_convene_for_special_meeting _to_discuss_gdp_growth_dynamics/#sthash.yOGipZqi.dpuf