{"id":4536,"date":"2009-11-30T07:39:38","date_gmt":"2009-11-30T07:39:38","guid":{"rendered":"https:\/\/armbanks.am\/2009\/11\/30\/230203\/"},"modified":"2024-12-15T12:45:24","modified_gmt":"2024-12-15T12:45:24","slug":"armenian-economy-to-slash-by-14-percent-in-2009-ebrd","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2009\/11\/30\/4536\/","title":{"rendered":"Armenian economy to slash by 14 percent in 2009: EBRD"},"content":{"rendered":"<p><strong>YEREVAN, November 30, \/ARKA\/<\/strong>. Valeriu Razlog, head of the European Bank for Reconstruction and Development (EBRD) Yerevan Office, predicted a 14% full-year economic contraction of Armenian economy in 2009 and a 1.3% GDP growth in 2010.<\/p>\n<p>In an interview with ARKA news agency he said the 1.2% growth projected by the government\u2019s next year budget is in tune with EBRD\u2019s expectations.<\/p>\n<p>Armenia\u2019s 2010 draft budget projects 1.2% growth. Razlog declined to assess the efficiency of the government\u2019s anti-crisis measures saying it will have to work hard next year. In his opinion, the efficiency of the anti-crisis program will be obvious in 2010.<\/p>\n<p>The EBRD expects its commitments in Armenia to reach approximately $150 million by the end of 2009 from $75 million in 2008. To date the EBRD has invested over 335 million Euros across more than 70 projects in various sectors of the Armenian economy. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Valeriu Razlog, head of the European Bank for Reconstruction and Development (EBRD) Yerevan Office, predicted a 14% full-year economic contraction of Armenian economy in 2009 and a 1.3% GDP growth in 2010.<\/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":[15837,12174,12172],"class_list":{"0":"post-4536","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy-en","7":"category-news","8":"tag-armenia-2","9":"tag-ebrd","10":"tag-economy-en"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/4536","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=4536"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/4536\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=4536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=4536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=4536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}