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Armenian ministry of finance: Armenia could manage to maintain macroeconomic stability during crisis

Economy

YEREVAN, November 17. /ARKA/. Government of Armenia could manage to maintain macroeconomic stability in the period of crisis, said Armenian Minister of Finance Tigran Davtyan.

The Minister reminded that during the last two years the State invested 95 billion drams in different spheres of economy for keeping stability.

GDP growth in Armenia evidences macroeconomic stability which will make 3% instead of planned 1.2% by the budget in 2010.

In 2009 economic decline in Armenia was 14.4%.–0–

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