Thursday, October 10 2019 16:37
Alexandr Avanesov

EDB forecasts economic growth in Armenia at the end of 2019 at 6%

EDB forecasts economic growth in Armenia at the end of 2019 at 6%

ArmInfo. The Eurasian Development Bank (EDB) forecasts economic growth in Armenia at the end of 2019 at 6%. Director of the EDB for Armenia Armen Melkikyan  stated this at a meeting with reporters in Yerevan. As he noted,,  according to the estimates of the Bank's experts on economic growth  in Armenia, and according to the results of 2019, GDP will be about  6%, and experts predict an increase of about 5% for 2020, "Melkikyan  said, adding that the forecast for 2020 will continue and the  upcoming 2 -3 years.According to the state budget of Armenia, GDP growth at the end of  2019 is estimated at 4.9%. However, in the latest forecast of the  Central Bank of the Republic of Armenia, this indicator was increased  to 6.9%.  According to Moody's agency, in Armenia the growth of real  GDP in the medium term may reach approximately 5.5-6% over the next  few years. 

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