The International Monetary Fund will have to review its 2010 forecasts for Armenia, where the first quarter results exceeded expectations, Prime Minister Tigran Sargsyan said.
“It means that the global economy recession is retreating,” he said, adding that heads of Russian and Ukrainian governments made similar statements the other day.
“5% economic growth was registered in the countries whose economy has an impact on ours,” the PM noted. “The rate will be maintained in Russia, thus creating a favorable atmosphere for private investments and export.”
