10.01.2012 10:08
YEREVAN, January 10. /ARKA/. GDP growth will speed up in Armenia to 6-7%, Eurasian Development Bank projects in its CIS Macromonitoring Dec 2011 Report.
“Our outlooks for the country economy’s long-term prospects are optimistic as a whole,” the Eurasian Development Bank said in its report. “Taking into account the fact that Armenia’s economy shows four-to-five-percent growth amid stagnation in investments, especially in construction, we expect a gradual acceleration in economic growth in Armenia in 2013 to minimum 6 or 7 percent with at least modest growth in these sectors.”
At the same time, experts at the Eurasian Development Bank say that the current slowdown in lending will have an adverse impact on the country’s economic growth.
Categories: Economy @en, News | Comments Off on EDB: GDP growth to speed up in Armenia to 6-7%
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