{"id":42175,"date":"2012-10-09T09:28:09","date_gmt":"2012-10-09T09:28:09","guid":{"rendered":"https:\/\/armbanks.am\/2012\/10\/09\/236517\/"},"modified":"2024-12-15T12:59:53","modified_gmt":"2024-12-15T12:59:53","slug":"imf-downgrades-gdp-growth-forecast-in-armenia-to-3-9-this-year","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2012\/10\/09\/42175\/","title":{"rendered":"IMF downgrades GDP growth forecast in Armenia to 3.9% this year"},"content":{"rendered":"<p><strong>YEREVAN, October 9. \/ARKA\/<\/strong>. Armenia may see 3.9% GDP growth in 2012, and 4%- in 2013, according to IMF report World Economic Outlook published on Tuesday.<br \/>\nEconomic growth in Armenia may hit 6.2% in 2012, and 4.3%-in 2013 due to rich harvest, favorable dynamics of mining industry development, and service sector, as well as situation in Europe and Russia.<\/p>\n<p>World Economic Outlook projects Armenia may face 2.8% inflation this year; inflation rate will rise to 4.2% next year.<br \/>\nArmenia\u2019s balance on current account will confirm its negative index. According to the report, in 2011 it was -10.9, in 2012 it will be -9.8, and -9.3 in 2013.<br \/>\nUnemployment rate of 19% in Armenia will not change in 2012 from a year earlier, and will slash to 18.5% in 2013, IMF says.<br \/>\nIMF projects Commonwealth of Independent States to see 4% GDP growth in 2012, and 4.1% in 2013.<\/p>\n<p>Advance in domestic demand, which supports the current fiscal course, will prompt GDP growth in 2012-2013. At the same time, economic growth rates will tumble in a number of other countries- regional exporters amid the ongoing situation in energy sector.<br \/>\nEconomy in CIS countries will continue growing amid the positive dynamics in Central and Eastern Europe. GDP of the region will increase by 2% in 2012, and 2.6% in 2013. The forecast for this year is upgraded by 0.1 p.p., and for the next year- downgraded by 0.2 p.p. \u20140&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia may see 3.9% GDP growth in 2012, and 4%- in 2013, according to IMF report World Economic Outlook published on Tuesday<\/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":[15837,12172,12344,15917,12757,308,15726],"class_list":{"0":"post-42175","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy-en","7":"category-news","8":"tag-armenia-2","9":"tag-economy-en","10":"tag-gdp","11":"tag-imf-2","12":"tag-usa","13":"tag-308","14":"tag-15726"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/42175","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=42175"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/42175\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=42175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=42175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=42175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}