Armenia expects agriculture to increase output by 8-9%

Armenian Minister for Agriculture Sergo Karapetyan expects agriculture to increase output by 8-9% in 2012, ARKA reports.

The gross product of agriculture reached 203.6 billion drams in the first half of 2012, exceeding the same period last year by 8.1%. The highest growth was registered in planting (28%), animal husbandry (2%) and fishing (25.2%).

Agriculture needs a two-digit increase in 2012 in the light of the goal to have an economic growth of 7% this year. Economic growth increased by 7.8%, compared with 2011.

The highest increase was registered in industry (13%), exports (13.5%) and agriculture (8.1%).