Friday, April 6 2012 18:15
CIS Macromonitor expects a gradual rise in economic growth of Armenia to at least 6-7% in 2012-2013
ArmInfo. "Given the fact that economy shows a growth of 4-5% under the conditions of investment stagnation, especially, in the construction sector, we expect a gradual rise in economic growth of Armenia to at least 6-7% if there is at least a moderate rise in investment", CIS Macromonitor, a quarterly macroeconomic publication by the Analytic Unit of the Eurasian Development Bank, says about Armenia's outlook for 2012-2013. The source expects 3.1% budget deficit in 2012 and 2.3% GDP in 2013.
The authors of the publication mention that the lowest inflation indices among the CIS countries were observed in Armenia (4.7%) in 2011.
To note, CIS Macromonitor is a quarterly macroeconomic publication by the Analytic Unit of the Eurasian Development Bank. On a regular basis, it reviews and discusses tendencies and problems, also providing economic development forecasts for the CIS countries. While focusing in first place on the economic issues of the EDB member countries, CIS Macromonitor also presents analytic boxes dedicated to certain relevant issues of macroeconomic situation in the region. In particular, in 2011 the readers were presented the reports about macroeconomic interrelations between the CIS economies; international flow of capital in the CIS countries; food supply security in the Central Asia; Kazakhstan pension system; monetary policy of the Central Bank of Russia; and effect of oil prices on the CIS economies.
Expert: Electricity tariff containment in Armenia is only temporary
Political Scientist: Armenia`s withdrawal from Eurasian Economic Union (EAEU) to result in its dependence on Azerbaijani and Turkish markets
Artur Avetisyan: All discussions regarding the choice of a future NPP model will remain mere talk until there is a vision for strategic development
ATI.SU: Demand for international cargo transportation 30% up in Armenia
Civil Contract nominates Armen Ktoyan for Central Bank Board Member position
Armenia, France considering prospects for expanding technological cooperation