CIS economies back on recovery track: Armenian PM

23.11.2009 13:50
CIS economies back on recovery track: Armenian PM

YEREVAN, November 23, /ARKA/. Back from a CIS prime ministers’ meeting in Ukrainian Yalta, Armenian premier Tigran Sarkisian told journalists that the CIS economies hit the bottom and are back now on recovery track. He said this viewpoint is shared by all his counterparts.

In his words, Armenia is experiencing the same process. He added that nevertheless, none of his counterparts dared to make forecasts because the overall economic situation depends on a set of different factors.

‘A great deal will be depending on the situation at global markets,’ he said.

He said there are also negative forecasts, predicting a second wave of the crisis that may come in 2010 spring because the economic indices of the United States are not improving yet.

According to Tigran Sarkisian, this in mind heads of the CIS governments are cautiously optimistic.

Participants of the November 20 gathering discussed over 20 issues vital for all countries and summed up results of anti-crisis measures in each CIS member state.  -0-

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