Wed, 18 June
18.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

World Bank forecasts 4.3% GDP growth in Armenia in 2013

YEREVAN, January 17. /ARKA/. The World Bank forecasts 4.3% GDP growth in Armenia in 2013.
In Armenia’s 2013 government budget, GDP is projected at 6.2%.

In its review of global economy prospects, the World Bank also says Armenia may record 4.4% economic growth in 2014 and 2015.

According to the WB, Armenia recorded 6.8% GDP growth in 2012.

The World Bank expects 2.4% growth of global GDP in 2013 with its further increase in 2014 to 3.1% and in 2015 to 3.3%.

WB experts think the national currency’s exchange rate will be relatively stable, and the U.S. dollar may be traded at 410 drams in 2013, at 415 drams in 2014 and at 420 in 2015. -0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro to Armenian dram exchange rate fell by 3.77 points

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 13, 2025, fell by 0.25 points compared to June 12 and amounted to 383.23 drams.

CBA introduces Master Documentation for Derivatives and Repurchase Transactions in Armenia

The Central Bank of Armenia (CBA), with technical assistance from the European Bank for Reconstruction and Development (EBRD) and financial support from the Japanese government, has introduced master documentation for derivatives and repurchase transactions that is governed by Armenian law.

Armenia’s state budget deficit to drop to 2.8% of GDP in 2028, compared to 5.5% in 2025 – Finance Ministry

Armenia plans to increase the state budget deficit to 2.8% of GDP in 2028, compared to 5.5% planned for 2025, said RA Finance Minister Vahe Hovhannisyan.

Central Bank of Armenia will develop a by-law for the implementation of the law “On crypto assets”

The Central Bank of Armenia will begin work on developing a by-law after the adoption of the law "On crypto assets", said the head of the regulator Martin Galstyan, answering a question from the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img