{"id":16478,"date":"2010-10-29T07:44:18","date_gmt":"2010-10-29T07:44:18","guid":{"rendered":"https:\/\/armbanks.am\/2010\/10\/29\/231728\/"},"modified":"2024-12-15T12:48:42","modified_gmt":"2024-12-15T12:48:42","slug":"central-bank-expects-armenian-economy-to-expand-2-4-2-7-this-year","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2010\/10\/29\/16478\/","title":{"rendered":"Central Bank expects Armenian economy to expand 2.4-2.7% this year"},"content":{"rendered":"
YEREVAN, October 29, \/ARKA\/. Armenia\u2019s Central Bank said in its Program of Money and Credit Policies for Quarter Four 2010 that the economy will expand by 2.4-2.7% this year. The forecast for the first nine months is 4-5%.<\/div>\n
The Bank says economic growth risks are bilateral depending both on external and internal factors. But except for industrial sector risk all other risks have prevailing impact on economic expansion.<\/div>\n
The Central Bank has revised downward the full-year industrial growth forecast to 6.5-8.5% . The forecast for January-September is 5-7% industrial output growth. The Central Bank has also revised downward its full-year forecast for construction sector growth to 0.5-2.5% expecting it to growth by 1.5-3.5% in the first nine months of 2010.<\/div>\n
The forecast for services has also been revised downward to 4.5-6.5%. The Central Bank expects this sector to post a 2.5-4.% growth for January-September. The Central Bank also expects the agriculture to contract by 13-16% this year and rise by 7-9% in January-September 2011.-0-<\/div>\n

YEREVAN, October 29, \/ARKA\/. <\/strong>Armenia\u2019s Central Bank said in its Program of Money and Credit Policies for Quarter Four 2010 that the economy will expand by 2.4-2.7% this year. The forecast for the first nine months is 4-5%.<\/p>\n

The Bank says economic growth risks are bilateral depending both on external and internal factors. But except for industrial sector risk all other risks have prevailing impact on economic expansion.<\/p>\n

The Central Bank has revised downward the full-year industrial growth forecast to 6.5-8.5% . The forecast for January-September is 5-7% industrial output growth. The Central Bank has also revised downward its full-year forecast for construction sector growth to 0.5-2.5% expecting it to growth by 1.5-3.5% in the first nine months of 2010.<\/p>\n

The forecast for services has also been revised downward to 4.5-6.5%. The Central Bank expects this sector to post a 2.5-4.% growth for January-September. The Central Bank also expects the agriculture to contract by 13-16% this year and rise by 7-9% in January-September 2011.-0-<\/p>\n","protected":false},"excerpt":{"rendered":"

Armenia\u2019s Central Bank said in its Program of Money and Credit Policies for Quarter Four 2010 that the economy will expand by 2.4-2.7% this year.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,15865,12172,13085,12757,310],"class_list":{"0":"post-16478","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy-en","7":"category-news","8":"tag-armenia-2","9":"tag-central-bank-2","11":"tag-gdp-growth","12":"tag-usa","13":"tag-310"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/16478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=16478"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/16478\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=16478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=16478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=16478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}