Gagik Minasyan: 1.2% economic growth in 2010 quite possible
1.2% economic growth envisaged by the 2010 national budget is conditioned by the 2009 index, head of the fiscal committee at the RA National Assembly said.
"The republic's economy tends to stabilize. The 2009 national budget envisaged a 9.2% economic growth, however, the crises resulted in a 18% slump," Gagik Minasyan said. "The crisis was deep and unpredictable. International structures revise their forecasts twice a month. However, greater slump is not expected."
"The government's anti-crisis program will produce result in early 2010," Minasyan said.
"The republic's economy tends to stabilize. The 2009 national budget envisaged a 9.2% economic growth, however, the crises resulted in a 18% slump," Gagik Minasyan said. "The crisis was deep and unpredictable. International structures revise their forecasts twice a month. However, greater slump is not expected."
"The government's anti-crisis program will produce result in early 2010," Minasyan said.
