October 12, 2009 - 17:51 AMT
IMF: 2010 Economic growth in Armenia will comprise 1.2%
2010 Economic growth in Armenia will comprise 1.2%, IMF Executive Director (France) Ambroise Fayolle stated. "RA economy will be restored through government-implemented money-and-credit and fiscal policy as well as international financial assistance, registering a minor growth of 1.2%," he noted.

In this context, Fayolle noted that Armenia was among states, most impacted by financial crisis; still they "hope to be mistaken in forecasts".

IMF forecasts 15% economic downturn in 2009 in Armenia.