Armenian GDP grows by 5.5 percent in q1

Economy

YEREVAN, April 20. /ARKA/. Armenian economy grew by 5.5% in the first quarter of 2010 compared to the same time span last year, the National Statistical Service said. It said also the GDP amounted, in terms of money, to 568.1 billion Drams.

The GDP in March grew by 43.1% from February.

Armenian economy contracted last year by 14.4%. The government projects a 1.2% GDP growth this year. ($1 – 394.24 Drams). -0-

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