Armenia’s economic growth is currently forecast at 3.4%: WB report

Armenia’s economic growth is currently forecast at 3.4%: WB report

The World Bank published the June Global Economic Outlook report on its official Facebook page, according to which the global economy is set to expand 5.6 percent in 2021 - its strongest post-recession pace in 80 years.

However, many emerging economies continue to struggle with the COVID-19 epidemic and its aftermath, the report said.

Armenia's economic growth is currently forecast at 3.4%, and in 2022 and 2023 is estimated at 4.3% և 5.3%, respectively (pp. 66-71).

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