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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.'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.IMF predicts a period of weak growth for the world economy
The International Monetary Fund (IMF) believes that the world economy is threatened by a period of weak growth. IMF Managing Director Kristalina Georgieva said while speaking at the annual EU budget conference in Brussels, TASS reports.News 1 - 20 of 634
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