YEREVAN, 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.