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World Bank projects 2.7 percent growth in Armenia in 2017

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World Bank projects 2.7 percent growth in Armenia in 2017

Armenia’s economic grows is projected to accelerate to 2.7 percent in 2017, reflecting the sustained expansion of the tradable sectors and a modest recovery in domestic consumption, says a newly released report by the World Bank.

“Medium term growth is projected to average 3-3.5 percent a year, given structural weaknesses in the domestic policy framework, and remaining uncertainties in external environment,” the report says.

The World Bank experts believe that Armenia’s medium-term outlook r...

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