Minister Davtyan off to Moscow
Today the Minister of Finance of Armenia, Tigran Davtyan, participated in the 4th sitting of the Permanent Conference of CIS Finance Ministers in Moscow.
The participants of the sitting presented the macro-economic situation in their countries, discussed the joint measures taken to overcome the consequences of the financial-economic crisis.
Russian Finance Minister Alexei Kudrin urged his colleagues from the Commonwealth of Independent States on to step up mutual financial support.
He reminded that in 2009, the CIS states experienced "an unprecedented slump in the Gross Domestic Product, which plummeted 7.5 percent on the average. Prior to the crisis, the GDP was growing 5.5 percent a year, on the average. Our countries' exports plunged 46 percent and imports - 43.5 percent."
The same day the Armenian Finance Minister participated in the 8th sitting of the Eurasian Economic Community.
