  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 Tigran Sargsyan noted that the new plant will be constructed after the current one is finally out of operation. 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.   Partner news |  Latest news Libya's interior minister submits resignation, sources say  Awash with weapons in private hands, armed attacks have increased in the last few weeks, especially on police stations in Benghazi.Human Rights Watch: more Afghan women imprisoned for "moral crimes" Human Rights Watch says many are jailed for running away from home, often from forced marriages or domestic violence.Benedict Cumberbatch’s Julian Assange biopic to open in Oct The drama centers on the relationship between Assange and Domscheit-Berg, which became increasingly fraught as WikiLeaks' influence grew.Disney greenlights new "Star Wars" animated series "Star Wars Rebels" takes place between the events of "Episode III: Revenge of the Sith" and "Episode IV: A New Hope". |
