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ARMENIA TO RECORD 5% GDP GROWTH THROUGHOUT 2013-2015: WB REPORT
YEREVAN, June 13. /ARKA/. Armenia will reach a 5% GDP growth in 2013
and will maintain it throughout 2014-2015, says the WB global economic
prospects 2013 report released Thursday.
The authors say the Armenian economy will keep growing more moderately
in 2013-2015 against the 2012 high growth rates. The country will
be pursuing cautious tax, budgetary and monetary policies to avoid
"overheating" of the economy, reads the report.
Some other CIS countries' GDP will grow as follows: Russia - by 2.3%
in 2013, 3.5% in 2014 and 3.9% in 2015, Georgia - 4% in 2013, 6.3% in
2014 and 6% in 2015, Azerbaijan - 4.8% in 2013-2014 and 2.9% in 2015.
Global GDP will grow by about 2.2% this year, 3% and 3.3% in 2014
and 2015 respectively, according to the report.
Armenia's GDR rose by 7.2% in 2012. Under the 2013 budget, the
country's GDP is expected to grow by 6.2%. Armenian president Serzh
Sargsyan assigned the government to ensure 7% economic growth in 2013.
As per the projection of the Central Bank, economic growth
will constitute 5-6% by the end of 2013. -0- - See more at:
http://arka.am/en/news/economy/armenia_to_record_5_gdp_growth_throughout_2013_201 5_wb_report/#sthash.UHOMyxkg.dpuf
YEREVAN, June 13. /ARKA/. Armenia will reach a 5% GDP growth in 2013
and will maintain it throughout 2014-2015, says the WB global economic
prospects 2013 report released Thursday.
The authors say the Armenian economy will keep growing more moderately
in 2013-2015 against the 2012 high growth rates. The country will
be pursuing cautious tax, budgetary and monetary policies to avoid
"overheating" of the economy, reads the report.
Some other CIS countries' GDP will grow as follows: Russia - by 2.3%
in 2013, 3.5% in 2014 and 3.9% in 2015, Georgia - 4% in 2013, 6.3% in
2014 and 6% in 2015, Azerbaijan - 4.8% in 2013-2014 and 2.9% in 2015.
Global GDP will grow by about 2.2% this year, 3% and 3.3% in 2014
and 2015 respectively, according to the report.
Armenia's GDR rose by 7.2% in 2012. Under the 2013 budget, the
country's GDP is expected to grow by 6.2%. Armenian president Serzh
Sargsyan assigned the government to ensure 7% economic growth in 2013.
As per the projection of the Central Bank, economic growth
will constitute 5-6% by the end of 2013. -0- - See more at:
http://arka.am/en/news/economy/armenia_to_record_5_gdp_growth_throughout_2013_201 5_wb_report/#sthash.UHOMyxkg.dpuf