IMF: 2010 Economic growth in Armenia will comprise 1.2% - 12 October 2009 - News - Analytical center Voskanapat

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Main » 2009 » October » 12 » IMF: 2010 Economic growth in Armenia will comprise 1.2%
17:18
IMF: 2010 Economic growth in Armenia will comprise 1.2%

2010 Economic growth in Armenia will comprise 1.2%, IMF Executive Director (France) Ambroise Fayolle stated. “RA economy will be restored through government-implemented money-and-credit and fiscal policy as well as international financial assistance, registering a minor growth of 1.2%,” he noted.

In this context, Fayolle noted that Armenia was among states, most impacted by financial crisis; still they “hope to be mistaken in forecasts”. 

IMF forecasts 15% economic downturn in 2009 in Armenia.

/PanARMENIAN.Net/ 

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