 EBRD forecasts 5% GDP growth for Armenia May 17, 2023 - 16:51 AMT PanARMENIAN.Net - Armenia’s economic growth is expected to grow by 5% in both 2023 and 2024 – a revision of 1% and 0.2%, respectively, since February), the European Bank for Reconstruction and Development said in a fresh report on Tuesday, May 16. The EBRD said growth is expected to decelerate in eastern Europe and the Caucasus as the extraordinary factors that boosted economic activity in 2022 provide limited additional stimulus. The region as a whole is forecast to grow by 1.9 per cent in 2023 and 3.3 per cent in 2024.   Top stories 938 Russian citizens have registered in Armenia as private entrepreneurs between February 24 and March 22 Vahan Kerobyan said Armenia will most probably introduce a ban on the sale of Turkish products as well. According to Vahan Kerobyan, a sharp decline in the travel industry was recorded last year, but now the situation has changed Mher Grigoryan added that the government will ensure that the borrowed funds are spent efficiently.   Partner news |  Latest news Azerbaijan advises citizens against travel to Iran  Azerbaijan has advised its citizens against traveling to Iran after it sent a note of protest to Tehran over a missing student.Armenia: Deeply saddened by tragic train accident in Balasore The Armenian Foreign Ministry has expressed condolences over the major rail accident involving two express trains.15 schoolkids face Gabriel Sargissian in open-air simultaneous display On June 1, Byblos Bank Armenia held a unique event for kids and school students to celebrate Children's Day.Karabakh denies Azerbaijan’s ceasefire accusations The Defense Army of Nagorno Karabakh has denied firing on Azerbaijani positions across the line of contact. |
