Armenia’s Finance Ministry this week has reported about an unprecedented 8.8 percent growth of the economy during the first five months of this year. Local television channels keep telling about an improving situation in the country, saying that the crisis is over and all this thanks to the government policies.

Independent economists, however, say that the Gross Domestic Product (GDP) growth is not the result of the government’s economic policy, but is related to the improvement of affairs on the world mining industry market.