16.09.2020 12:10
YEREVAN, September 16. /ARKA/. The Asian Development Bank (ADB) has revised its outlook for Armenia’s economy to a 4% decline from the minus 3.5% projected previously, in April, the bank’s press service reported on Tuesday.
The bank economic analysts say in the Asian Development Outlook 2020 that Armenia’s GDP is still expected to bounce back with 3.5 per cent growth in 2021 as the country begins to recover from the economic shock caused by the COVID-19 pandemic.
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