Central Bank specifies Armenia’s last year GDP growth
26.04.2011
YEREVAN, April 26, /ARKA/. Armenia’s economic growth last year was 2.1%, according to the specified data of the Central Bank, down from 2.6% growth announced earlier by the government.
Speaking at a news conference Vahe Vardanian, head of a Central Bank department in charge of financial development and stability, said the GDP growth would have been much higher had not the agriculture suffered a dramatic decline of 15%.
He said the 9.5% growth in industrial sector was the indicator of a post-crisis recovery, backed by stepped up lending, which grew last year by 28%. The growth was supported also by government’s channeling of funds into export-oriented sectors.
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Armenian economy expand 7.7% in 2011 January
21.02.2011
Armenia’s economy expanded by 7.7% in January this year as opposed to 2009 January.
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Armenian Central Bank projects 4.1%-5.7% economic growth in Armenia in 2011
04.02.2011
The Central Bank of Armenia projects 4.1-to-5.7-percent economic growth for 2011.
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Armenia’s economy grows 2.6% in 2010
31.01.2011
Armenia’s economy grew by 2.6% last year if compared to 2009, up from government- projected 1.2% growth.
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Minister Of Finance: Gdp Growth In 2010 In Armenia Will Be 2.6%
24.01.2011
By the results of 2010, economic growth in Armenia will be about 2.6%, said Armenian Minister of Finance Vache Gabrielyan on Monday.
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In 2011 The Share Of State Debt Of Armenia In GDP Will Be 44.4%
24.01.2011
The share of state debt of Armenia in GDP in 2011 will be on the level of 2010 with the indicator of 44.4% and will reduce after 2012.
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World Bank official says Armenian budget deficit will drop from current 8% of the GDP to 3% in late 2012
12.01.2011
Jean-Michel Happi, head of the World Bank Yerevan Office, said today the Armenian budget deficit will drop from current 8% of the GDP to 3% in late 2012.
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To overcome poverty government needs 93.5 billion drams: Unit head
17.12.2010
A total of 93.5 billion Drams, which is an equivalent of 3% of the GDP will be enough to overcome poverty in Armenia.
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Senior Armenian lawmaker expects 3.6% full-year GDP growth
10.11.2010
A senior Armenian lawmaker from the governing Republican party said today he expects the full-year GDP to grow by 3.6%, thrice as much as projected by the government.
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