August 3, 2010 - 18:45 AMT
CBA: 5,7-6,4% GDP growth expected in second halfyear of 2010 in Armenia

5,7-6,4% GDP growth expected in second halfyear of 2010 in Armenia, according to CBA money and credit policy program. Experts forecast 5-6% economic growth in the first half-year of 2011.

The estimates showed increase in GDP based on gradual restoration of foreign demand and investment sphere.

6,7 % GDP growth was reported in January-June 2010 in Armenia, with budget-stipulated economic growth comprising 1,2%.