Back to Top

Government projects construction and industry to be 2022’s main growth contributors

armenpress.am10/25th/2021, 9:30

Government projects construction and industry to be 2022’s main growth contributors

The government projects construction and industry to be the main segment guiding economic growth in 2022, unlike the service sector in 2021, the minister of finance Tigran Khachatryan said at a joint parliamentary committee session debating the 2022 state budget draft.

He said that as of now the government’s forecast for 2021’s economic growth is around 6,5%, and 7% is the target placed in the basis of the 2022 budget. Khachatryan said the projections are accompanied by rather high inflation backgrounds of the current year.

“For next year we expect the inflation environment to return to the range defined by law, thus ensuring a more stable macro-environment,” he said.

“If this year the services were the main guiding sector for economic growth, next yea...

Read full story

Weather

Temp {{currentData.temp}}℃
Wind {{currentData.wind}}km/h
Humidity {{currentData.humidity}}
  • Yerevan
  • Abovyan
  • Tsaghkadzor
  • Sevan
  • Gyumri
  • Ejmiatsin
  • Dilijan
  • Vanadzor
  • Ashtarak
7 Day Forecast

Exchange rates

BuySell
USD485.5492.5
EUR546561
RUR6.56.75
more rates
Already available
Back to Top