  EBRD upgrades GDP growth forecast for Armenia January 22, 2013 - 18:02 AMT PanARMENIAN.Net - The European Bank for Reconstruction and Development (EBRD) released an economy development forecast for Eastern Europe and Central Asia, downgrading general economy growth up to 3% for 2013. Contrary to positive expectations, Ukraine was given the worst forecast of a 1% growth. Bosnia, Herzogovina and Croatia were the only ones with lower growth projections (0,8%.) A 0,1% and 2 drop is expected in Hungary and Slovenia respectively. EBRD has upgraded its outlook for Armenia’s GDP growth to 5%; Azerbaijan was given a 4% increase forecast; Russia’s GDP will also grow to 3,5%. Partner news  Top stories IFC invested $244 million in 40 projects across a range of sectors, including financial markets, manufacturing, and mining. Armenian Prime Minister addressed a letter to Public Services Regulatory Commission over the reconsideration of gas prices. Armenia’s Public Services Regulatory Commission plans to reconsider electricity generation and distribution prices. Edmon Manukyan been addressed by the residents of Armavir and Aragatsotn provinces whose crops have been damaged over a strong hail.   Partner news |  Latest news Artsakh President attends Berdzor town 21st anniv. liberation events  Bako Sahakyan noted the liberation of Berdzor town as an important military, political and psychological victory.200 Azeri ceasefire violations reported May 12-18 200 ceasefire violations by the Azeri armed forces were reported at the line of contact between Nagorno Karabakh and Azerbaijan.Gunmen kill Iraqi police officer's family The recent spike of violence has raised fears that the country might be heading to a new round of sectarian violence.Serzh Sargsyan reelected as Armenian Chess Federation president Armenian President Serzh Sargsyan was reelected to the post of the president of RA Chess Federation for 4 more years. |
