Finance Minister Sums Up Financial Year
According to Ministry of Finance forecasts, economic growth in 2012 will be a little higher than the real GDP growth of 7%. This was stated by Minister of Finance Vache Gabrielyan during his year-end news conference which was held at the Government’s Press Center. “Growth will be attended by low inflation. The 12-month inflation rate will not exceed 4%, with the annual average estimated at 2.5%. We had a successful financial year in 2012 as compared to other countries of... more »