State budget implementability data for January 2012 suggests no visible risks to curb the country’s basic economic development, according to Armenian Finance Minister.

“The world holds breath in expectation of economy developments in Europe, which, if negative, cannot but reflect on Armenia,” Vache Gabrielyan told a news conference in Yerevan.

The Minister, however, was skeptical as to the possibility of “apocalyptical” aggravations, especially considering the expected 4%-4,5% economic growth Russia.

Mr.Gabrielyan further ruled out any risks for the county’s economic development which might be caused by the oncoming elections.