EBRD FORECASTED GREATER ECONOMIC GROWTH IN ARMENIA

April 19, 2004 - 20:39 AMT
PanARMENIAN.Net - The economic growth in Armenia will comprise 7,0% and not 6,0% as it was forecasted earlier, the report on economic development of Central and Eastern European countries and the CIS states spread by the European Bank for Reconstruction and Development (EBRD) says. At that the bank lowered the forecast for Azerbaijan from 9,0% to 8,5%. The EBRD also tells 5,5% for Russia, 6,0% for Ukraine and 5,0% for Georgia.
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