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WB may assist Armenia in expanding tourism clusters in the country
Armenian Minister of Economy Gevorg Papoyan discussed on Friday with World Bank Senior Disaster Risk Management Specialist Tawadzwa Dube the implementation of a number of projects, the press service of the Ministry of Economy reported.$9bn investment can help Armenia decarbonise economy and improve energy security - WB report
Armenia can enhance energy security, protect its people from the harmful effects of pollution, and ensure more sustainable growth with effective action to tackle climate change, finds the World Bank Group’s Armenia Country Climate and Development Report (CCDR), released today.World Bank helps Armenia strengthen management of forests, wetlands, and protected areas
The World Bank’s Board of Executive Directors approved the RESILAND: Armenia Resilient Landscapes Project (RESILAND Armenia) that aims to help the government to strengthen community engagement and improve the management of forests, wetlands, and protected areas in selected locations in Armenia.WB: economic activity growth in Armenia to 16.3% in February driven by sharp growth in industrial production and trade
Growth in Armenia's economic activity surged to 16.3 percent (yoy in real terms) in February 2024 from 10.7 percent (yoy) in January 2024. according to World bank's Armenia monthly economic update – April 2024.Armenia’s budget deficit projected to deteriorate to 4.7 percent in 2024-WB
Armenia’s budget deficit is projected to deteriorate to 4.7 percent in 2024 (owing to support to refugees amounting about 2 percent of GDP), followed by fiscal consolidation in the medium term, the World Bank says in its Europe and Central Asia Economic Update, Spring 2024.Development of World Bank's partnership strategy with Armenia is in its final stage
The World Bank and Armenia have reached the final stage of developing a new partnership strategy that is based on the country's priorities, World Bank Vice President for Europe and Central Asia Antonella Bassani said today at a meeting with Armenian Prime Minister Nikol Pashinyan in Yerevan.Armenian exports growth driven by 7-fold increase in exports of precious and semi-precious stones
Armenian export growth was exceptionally high, driven by a significant increase in gold and jewelry exports. Export of goods grew 86 percent (yoy) in November 2023, driven by a 7-fold increase in exports of precious and semi-precious stones, . the World Bank says in its ‘Armenia Monthly Economic Update – January 2024.’Armenia's budget deficit months amounted to AMD 63 bln or 0.7% of GDP in 11 months of 2023- WB
Armenia’s budget recorded an AMD 44 billion deficit in November 2023. This brought the cumulative budget deficit through November to AMD 63 billion, or 0.7 percent of annual projected GDP. the World Bank says in its ‘Armenia Monthly Economic Update – January 2024.’World Bank: growth in Armenia’s economic activity accelerated to 11.2 percent in November 2023
Growth in Armenia’s economic activity accelerated to 11.2 percent (yoy, in real terms) in November 2023, compared to 6.2 percent (yoy) in October 2023, the World Bank says in its ‘Armenia Monthly Economic Update – January 2024.’Armenia's budget deficit for 10 months amounts to AMD 19 bln or 0.21% of GDP - WB
The Armenian government’s budget recorded a high deficit of AMD 93.6 billion in October, bringing the cumulative budget surplus at end September to a deficit of AMD 19 billion for January-October 2023, the World Bank says in its Armenia monthly economic update – December 2023.News 1 - 20 of 86
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