World Bank forecasts 5.1% GDP growth for Armenia in 2020

PanARMENIAN.Net - The January 2020 edition of the World Bank’s Global Economic Prospects (GEP) report is out now to predict a 5.1% GDP growth for Armenia in 2020, and 5.2% in 2021 and 2022.

The report says growth in the South Caucasus is forecast to decelerate, however estimations of Armenia’s economic growth are pretty solid at this stage.

Firming growth in the South Caucasus, to an estimated 3.7 percent in 2019, wa...