Armenia will conclude 2010 with an economic growth rate of 2.6%,
instead of the forecast 1.2%, Armenian Prime Minister Tigran Sargsyan
said, Arka reports.
Sargsyan said that the country is diversifying its economy, industry
and IT and is implementing modern technologies as the basis for the
economy.
He said that economic growth was seen against a background of
recession in agriculture equal to 14.5% and in construction equal to
approximately 4%.
The main source of progress is industry and infrastructure. They will
be the main tendencies in 2011-2012, because economic diversification
was the main trend of the anti-crisis programme, the prime minister
said.
An economic growth rate of 4.6% is planned in 2011.
The Armenian state budget will receive 590 billion drams of tax
income, exceeding forecasts by 20 billion drams, Sargsyan said. This
year’s tax income exceeds the previous year’s indicator by 72 billion
drams, or 14%.
Sargsyan says that social expenditure will see improvements as well.
The annual programme was over-fulfilled by 2.5%.
The prime minister also said that one of the main achievements of 2010
was over 4,200 entities presenting their accounts to the Committee for
State Income in electronic form ($1 = 362.84 drams).
