YEREVAN, April 26. \/ARKA\/. Armenia\u2019s economy is growing faster than expected, the board of the Central Bank of Armenia said at its Monday\u2019s meeting.<\/p>\n
The central bank\u2019s board said that faster-than-expected economic growth became possible thanks to recovery of the global economy, anti-crisis measures taken by the government and expansionary monetary and fiscal policies.<\/p>\n
February\u2019s economic growth ensured 3.1% growth in Jan-Feb 2010 against 3.7% decline at the same period a year earlier.<\/p>\n
All the sectors of the national economy made a rally.<\/p>\n
In particular, industry built up its output 9.4% as added value grew 4.6%.<\/p>\n
In construction sector, added value rose 5.5%, in services sector 2.2% and agriculture 2.7%.<\/p>\n
The board stressed that positive signs were seen also in development of payment balance \u2013 they were seen in faster-than-expected growth of export as well as growth in investment imports.<\/p>\n
The flow of private investments has started intensifying as well.<\/p>\n
National Statistical Service of Armenia says referring to statistical reports that the country\u2019s GDP grew 5.5% in Jan-March 2010, compared with the same quarter a year earlier, and reached AMD 568.1 billion by late March.<\/p>\n
March\u2019s GDP is 43.1% greater than that of February.<\/p>\n
Armenia had 14.4% economic decline in 2009.<\/p>\n
GDP growth is planned at 1.2% in the 2010 state budget. ($1 = AMD 390.33). -0–<\/p>\n","protected":false},"excerpt":{"rendered":"
Armenia\u2019s economy is growing faster than expected, the board of the Central Bank of Armenia said at its Monday\u2019s meeting.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,12139,9216],"tags":[15837,12150,12172],"class_list":{"0":"post-10469","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-economy-en","8":"category-news","9":"tag-armenia-2","10":"tag-cb","11":"tag-economy-en"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/10469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=10469"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/10469\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=10469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=10469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=10469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}