Armenian Deputy Minister of Finance: Armenian economy is more diversified than before crisis

 

The Armenian economy is today more diversified than it was before the

world financial crisis, Deputy Minister of Finance Vardan

Aramyan said, ARKA reports.

He noted that before the crisis some of the capital

construction in the economic growth was too high, but now it yields to

the more important sectors of agriculture and industry.

In January-July 2012, compared to the same period in 2011, economic

 

activity in Armenia increased by 7.7%. According to the Ministry of

Finance, this is connected to the growth in industry (13.4%) and

agriculture (10.2%).

 

In addition, exports increased by 13%.

He acknowledged the growth of poverty in the country, noting, however,

that it is lower than often represented. He also mentioned the growth

of salaries in the private sector and the decline of unemployment,

although he did not mention the sources of this data.

According to the World Bank, the level of poverty in Armenia is 35%

compared to 23% in 2010.

 

According to the budget, Armenian GDP in 2012 should grow by

4.2%.

 

3385 views
Поделиться:
Print: