YEREVAN 14 C°
RA CB:
  • USD - 405 AMD -0.65 EUR - 396 AMD -0.08 RUB - 7 AMD -0.57 GBP - 448 AMD -0.93
  • GOLD - - AMD SILVER - - AMD PLATINUM - - AMD

Armenia's Central Bank Revises Economic Growth Projection to 1,4%

The Central Bank of Armenia has revised its economic growth projection for 2021, Armenpress reports.

“We have somewhat revised the economic growth indicator,” cenbank governor Martin Galstyan told a news conference. “If, according to our earlier assessments economic growth was projected at 2 percent for 2021, now it will total 1,4 percent by our assessments,” he said.

He said this new number is conditioned by the declines in industry, services and agriculture recorded in Q4 2020 and in Q1 2021.


Weather
Yerevan
sunny
Humidity: 58%
Wind: 1.03 km/h
14 C°
 
28°  16° 
03.10.2022
29°  17° 
04.10.2022
Poll

Will Russia and Ukraine Manage to Embark on the Path of Peace in the Near Future?