UN projects GDP growth for South Caucasus countries
The United Nations has presented a new two-year economic growth forecast for the South Caucasus, predicting real GDP growth in Azerbaijan, Armenia, and Georgia to range from 2.7% to 5.4%.
Armenian GDP
Armenian state debt’s growth could overtake GDP growth
The Armenian government approved the draft state budget of the Republic of Armenia for 2016, which provides for 2.2% GDP growth. "According to the draft state budget, 95.4% of the revenues are to be collected as taxes and duties ...
Former head of Armenian Central Bank expects economic downturn
The former head of the Central Bank of Armenia, Bagrat Asatryan, said that Armenia's economy is threatened by a significant decline, despite some progress. "The Armenian economy is under threat ...