Armenia's GDP growth beats expectations

RBC, 29.01.2007, Yerevan 12:52:10.Armenia's GDP grew 13.4 percent in 2006, the Armenian government's press office announced citing data from Economy Minister Karen Tchshmarityan's report. Meanwhile, experts had projected a 4.5-percent GDP growth in 2006.

According to the report, several economic indicators were up in Armenia in 2006. Hence, foreign trade soared 115.2 percent to some $3.198bn compared to 2005. Foreign investment surged 31.8 percent in the first nine months of 2006.

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