ArmInfo. According to results of 2016 the economic activity of Armenia will form less than 1%, Tatul Manaseryan, Ph.D, the Alternative Research Center Head, shared his forecasts. At the same time the expert thinks that Armenian economic growth could reach two-digit indicators in annual view.
According to the expert, despite the fact that the real growth indicator has been applied to the budget at 2,2 %, the economy growth based on the results of the year is expected as less than 1%, which is preconditioned both by negative internal developments and external tendencies, which are world economy slowing down and prices dropdown at raw markets. At the same time, the expert considers possible to secure the country's economy growth indicator applied to the budget, at the level of 3,2%. " If we succeed with export promotion, tourism development and to increase the investment attractiveness of Armenia -i.e. if the projects planned will not be left on the paper, I consider possible to secure the appropriate GDP growth with the resources of the budget," manaseryan stated.
The main tool offered by the expert is the cooperation with Iran. "Why nobody wants to see real opportunities opened for Armenia? The cancellation of Iranian sanctions makes the 70 mln market open for Armenia. And the matter is the proper organization of works and not the assets," Maaseryan said. The expert expressed also his readiness to increase in three times the GDP growth indicator applied to the budget
The real growth of GDP in Armenia based on 2016 results is at 0,5% level, Vardan Aramyan, the Finance Minister stated at resulting press conference in Yerevan on November 23.According to the Minister, despite the fact that the 2016 Budget contained the GDP real growth indicator at 2,2%, within the deflator index of 4%, and the economy growth due to the results of the year will form 0,5 within zero deflator.