06.04.2020 13:15
YEREVAN, April 6. /ARKA/. The damage to the Armenian economy from the coronavirus in the base scenario will amount to $ 1.53 billion (or 11.2% of the 2019 GDP), according to a study by Vahram Avanesyan, a former minister of economy of Armenia, published on the website of the Russian-Armenian University
In recent days, the Central Bank of Armenia released a forecast, according to which economic growth in Armenia amid the spread of coronavirus and anti-epidemic measures in 2020 will significantly decrease to 0.7%. In the government budget, economic growth in Armenia in 2020 is projected at 4.9%, and inflation at 4% (± 1.5%).
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