Central Bank of Armenia revises forecast for GDP growth
16:25, 14 June 2022YEREVAN, JUNE 14, ARMENPRESS. The Central Bank of Armenia has revised its forecast for the GDP growth, CBA Governor Martin Galstyan said at a press conference today.
The Bank’s previous forecast for the GDP growth has been 1.6%, but now it has been revised to be 4.9%.
“The figures of the industry branch review – construction, services, contributed to this. It is mainly connected with the visits of foreigners to Armenia, as well as with not so bad performance of the Russian economy in the short-run, as we expected in February”, the CBA Governor said.
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