IMF Mission Chief to Armenia: GDP Growth in 2016 likely to be around 2,5%

YEREVAN. – Armenia’s GDP growth in 2016 is likely to be in the range of 2.25% - 2.5%, Mr Hossein Samiei, the new IMF Mission Chief to Armenia, told the media Wednesday in Yerevan.

In 2015, Armenian economy managed to grow by 3%, which was backed up by a supportive fiscal policy. Largest contributors to growth were agriculture and mining, but this did not help maintain tax revenues, which were a little weaker than expected. These sectors, which spearheaded growth, are relatively little taxed, while other sectors, with a larger input to tax revenues, performed not to spectacular.

According to the statistics of the Ministry of Finance, in the first 11 months of 2015 (latest data available), public revenues equaled around 1036.3 billion AMD (around $2.16 billion – editor) or 84.3% of the Government target (although social spending was kept intact).

Dear families of those serving their compulsory military service,
ACBA- CREDIT AGRICOLE BANK lowered rates of the loans that have been issued or will be issued in the future. Thank you, Armenian serviceman...
Everything will be fine!

However, even in these two sectors growth was largely determined by one-off factors, such as relatively favorable weather conditions and putting online a new copper molybdenum mine (at Teghut). In 2016 the impact of these factors is going to wear off, and growth is going to be somewhat lower.

Still, these 2.5% are above the average of about 1.5% for Caucasus and Central Asia region, Samiei concluded.

Annual scholarship for young Armenian talents “Konstantin Ishkhanov greatly contributed to the Armenian culture by making Armenian musicians known worldwide.” “Khachaturian Trio” is preparing for a large-scale tour: Karen Shahgaldyan “Sergey Smbatyan has a unique perception of sound himself, that’s why his orchestra sounds so good.”, Maxim Vengerov remarks Ameriabank as a Promoter of Armenian Culture: Launch of “An Armenian Odyssey: The Color of Pomegranates” Festival Ameriabank Receives Two IFC Awards for Achievements in Trade-Finance Sector “Khachaturian Trio” is preparing for a large-scale tour: Karen Shahgaldyan “Konstantin Ishkhanov greatly contributed to the Armenian culture by making Armenian musicians known worldwide.” Get a credit card with a limit of up to AMD 5 million by Unibank all.me in spotlight at Blockchain and Digital Assets Session at WCIT 2019 all.me ready to assist in increasing transit potential of Eurasian Economic Union Russian First Deputy PM: Information regarding goods on territory of Eurasian Union should be stored on single resource all.me | Tickets for WCIT 2019 available on meMarket with 25% discount all.me digital platform becomes WCIT 2019 Special Partner The first Armenian International Photo Fest opened in Yerevan supported by Tovmasyan Charity Foundation Yerevan hosts the presentation of Canadian Institute’s (YEDI) Start-Up programs (video) ANIF announces the appointment of Dominique de Villepin to its Board of Directors. OFID and Ameriabank strengthen trade and development in Armenia Ara Sargsyan: desire to keep pace with best international practices is in our dna 2 nd youth entrepreneurship conference launched in Yerevan
«პირველი ღამე» მსოფლიოს სხვადასხვა ქვეყნებში! სექსი მენსტრუაციის დროს — მეცნიერების ნაწილმა აზრი შეიცვალა 9 რჩევა აღვირახსნილი სექსისთვის რამდენ ხანს გრძელდება კარგი სექსი? წყვილი ლიფტში სექსით დაკავდა, გაინტერესებთ ხალხის რეაქცია? მაშინ ეს აუცილებლად ნახეთ… რას ვერ ამჩნევენ კაცები სექსის დროს? წყვილი თვითმფრინავში ორალური სექსის გამო დააკავეს წყვილი ეკლესიის ეზოში, ერთ-ერთი წმინდანის საფლავზე სექსით დაკავდა „მე ძალიან მიყვარს ჩემი გელფრენდი, მიუხედავად იმისა, რომ დედამისთან მქონდა სექსი“ 23 წლის ორსულმა გოგომ ეჭვიანობის ნიადაგზე ქმრის საყვარელს დაფქული წიწაკა შეაყარა ვაგინაში, რის გამოც ქალი ვეღარასდროს და...
website by Sargssyan