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Saturday, 21 July 2007

Armenia Achieves One Of The Highest GDP Growth In The World With 11.2%

When will we see similar trends in relation to the state of democracy and human rights in Armenia?

Good news received via Huliq.com (source: Banks.am - Mediamax):

The growth of Armenia’s GDP in January-June of 2007 totaled 11,2%, as compared to the same period of 2006.

As the press service of the National Statistical Service of Armenia told Mediamax today, the GDP volume in January-June of 2007 totaled 944845.7 mln drams.

The volume of industrial production in the republic in January-June of 2007 stood at 327954.9 mln drams, having increased by 1.4%, as compared to the same period of 2006.

The average monthly salary in Armenia in January-June of 2007 increased by 20.5%, as compared to the same period of 2006, thus making 71344 drams [around $ 211, based on current Central Bank exchange rate, as of 20 July 2007: 1 $ - 337.57 drams].

The salary of budget organizations has increased by 22.1%, making 52491 drams [around $ 155] during the accounting period, and the salary of non-budget organizations stood at 88961 drams (growth – 20.1%) [around $ 263].

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