World Bank Forecasts 5.1% Economic Growth for Armenia This Year
According to the World Bank's January 2020 report on "Global Economic Prospects," while economic growth rates in the South Caucasus are trending downward, Armenia's growth forecasts remain stable compared to neighboring countries. Specifically, a growth rate of 5.1% is projected for 2020, with expectations of 5.2% in both 2021 and 2022.
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