 Armenia's economy to grow 5.2% in 2017: EDB November 21, 2017 - 17:23 AMT PanARMENIAN.Net - Eurasian Development Bank's economic growth outlook for Armenia in 2017 has remained unchanged at 5.2%. According to data provided by the bank, Armenia is the second country in the Eurasian Economic Union in terms of the rate of economic growth, lagging behind Tajikistan (7.2%). 1.8% GDP growth is forecast for Belarus in 2017, 3.7% in Kazakhstan, 4.0% in Kyrgyzstan and 1.7% in Russia. Armenia's economy will further grow 2.7% in 2018, 4.1% in 2019 and 4.0% in 2020. Armenia saw just a 0.2% economic growth in 2016. Initially, the government forecast a 3.2% growth for 2017, but revised for a better picture later in the year.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Erdogan wants “realistic road map” for relations with Armenia  Turkish President Recep Tayyip Erdogan has called for a “new realistic road map” for relations with Armenia.Armenia-Azerbaijan: Experts launch work on determining coordinates Expert groups from the countries started the process of determining the coordinates based on geodetic measurements.Yerevan says did not expect CSTO in peacekeeping role Pashinyan has declared that the CSTO would be expected to come to the Armenia-Azerbaijan border as an ally of ArmeniaHenrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan. |
