Armenia climbs five spots in WEF’s Inclusive Development Index

Armenia climbs five spots in WEF’s Inclusive Development Index

PanARMENIAN.Net - Armenia has climbed five notches to claim the 45th spot among 79 emerging economies of the world in a new report from the World Economic Forum (WEF), which is hosting its annual gathering of the global elite in Davos this week.

The Inclusive Development Index 2018 also reports on 24 advanced economies.

Neighboring Azerbaijan is ranked the third, while Georgia is the 32nd.

This is the second year WEF has published the Inclusive Development Index, and the second time Norway has topped the list for advanced economies, scoring highly on all indicators except wealth inequality.

 Top stories
Masdar has entered into a formal agreement with Anif to develop 400 MW solar power projects in Armenia.
Armenia hopes to reach an economic growth rate of 7-9% over the period of 2020-22, PM Nikol Pashinyan said.
The meeting specifically focused on the possibility of investing and implementing new projects in the future.
The export of fruit wines from Armenia grew by 41% in the first seven months of 2019 against the same period last year.
Partner news