#GROW
World Bank names main factor for slowdown in Armenia's economic activity growth in October
Economic activity growth in Armenia slowed to 4.2% (year-on-year) in October from 7% in September, led by the services sector (excluding trade), which slowed from 11.6% (year-on-year) in September to 5.2% in October, mainly due to slowdown in hotel services, according to World Bank's 'Armenia Monthly Economic Update – December 2024.'Armenia's service sector grows 5.8% to 2.7 trillion drams
The volume of the service sector in Armenia in January-October 2023 amounted to 2,734,696.9 million drams (at current prices), increasing by 5.8% compared to the same period in 2022, according to the National Statistical Committee of the Republic.EDB names three sectors that provided growth of economic activity in Armenia in January-April
Economic activity in Armenia increased by 13.2% in January-April 2024, driven by industry, trade and services sectors. the Eurasian Development Bank (EDB) said in its latest weekly review .Financial flows and refugees - EBRD names reasons for improving forecast on Armenia's economy
Beata Javorcik, Chief Economist at the European Bank for Reconstruction and Development (EBRD), cited financial flows and refugees from Nagorno-Karabakh as major reasons for the bank to revise upward its forecast for Armenia’s economic growth.EBRD forecasts 5% growth of Armenia's economy in 2024 and about 5% in 2025
The European Bank for Reconstruction and Development (EBRD) expects a significant 5% growth of Armenia's economy in 2024 and about 5% in 2025, EBRD President Odile Renaud-Basso said at a press conference ahead of the bank's annual meeting and business forum in Yerevan.News 1 - 20 of 649
First | Prev. | 1 2 3 4 5 | Next | Last
