IMF predicts 4.5% economic growth for Armenia – the predictions of previous 2 years were below real growth

The IMF predicts 4.5% economic growth for Armenia in 2019. The impact of the external environment was also an important factor for the prediction, ARMENPRESS reports Head of International Monetary Fund Armenia Mission Hossein Samiei said in a press conference.

“We have predicted 4.5% growth for Armenia’s economy in 2019. This prediction is based on 3-4 factors. The first of them is the potential for growth, or the so-called the potential growth that reflects the capacity of the economy for growth. In our opinion, it’s 4.5% in Armenia”, the Head of the Armenia Mission said.

According to him, the second factor is that the impact of the external environment can be quite serious for small open economies. Accord...