{"id":33589,"date":"2012-02-17T10:03:15","date_gmt":"2012-02-17T10:03:15","guid":{"rendered":"https:\/\/armbanks.am\/2012\/02\/17\/234862\/"},"modified":"2024-12-15T12:55:31","modified_gmt":"2024-12-15T12:55:31","slug":"world-bank-expects-armenias-gdp-to-grow-by-4-2-in-2012-2013","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2012\/02\/17\/33589\/","title":{"rendered":"World Bank expects Armenia\u2019s GDP to grow by 4.2% in 2012-2013"},"content":{"rendered":"<p><strong>YEREVAN,\u00a0February 17.\u00a0\/ARKA\/.<\/strong> The World Bank expects Armenia\u2019s GDP to grow by 4.2% in 2012-2013, World Bank Country Manager for Armenia, Jean-Michel Happi, said to a news conference today.<\/p>\n<p>According to him, the forecast is based on several factors, first of all on World Bank\u2019s projection of a 4%-4.5% inflation. Mr. Happi\u00a0added, however that in light of the\u00a0crisis\u00a0in Europe, the\u00a0economic outlook\u00a0will be updated periodically.\u00a0 According to him, the Armenian\u00a0economy\u00a0continues to remain\u00a0vulnerable to external\u00a0shocks\u00a0because of its\u00a0openness,\u00a0and it\u00a0can also\u00a0affect the\u00a0future prognosis.He said the forecasts may be affected also by possible decline in prices of major Armenian export commodities, slashing foreign investments, reducing remittances from abroad due to slowdown\u00a0in Russia and Europe. The Armenian government projection of economic expansion for 2012 is\u00a04.2%, inflation forecast is 4\u00a0\u00b1 1.5%. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The World Bank expects Armenia\u2019s GDP to grow by 4.2% in 2012-2013, World Bank Country Manager for Armenia, Jean-Michel Happi, said.<\/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":[12139,9216,306],"tags":[15837,12344,12318,315],"class_list":{"0":"post-33589","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy-en","7":"category-news","8":"category-306","9":"tag-armenia-2","10":"tag-gdp","11":"tag-wb","12":"tag-315"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/33589","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=33589"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/33589\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=33589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=33589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=33589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}