EN
8 February 2010 - 12:54 AMT

Artsvik Miniasyan: 1.2% GDP growth planned – unrealistic

1.2% GDP growth in 2010 planned by Armenian Government is unrealistic, Armenian MP, ARF Dashnaktsutyun parliamentary faction member <b> Artsvik Miniasyan </b> stated.

“Last year’s experience shows government’s forecasts turn out to be unjustified. The forecast can also be viewed as a promise, which the government failed to deliver. So now we are practically facing 180% unfulfilled Governmental program,” he added.

“It’s time for Armenian government to come down to earth and act up to their forecasts through implementing concrete steps toward economy development,” Artsvik Miniasyan emphasized.

For the year 2010, Armenian Government forecasted economic growth of 1,2% and inflation of 4±1,5%.