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06-06-2018 13:24 4070

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The World Bank's June Global Economic Prospects Report has been published. It predicts 4.1% growth of Armenian economy in 2018, and 4% in 2019 and 2020.

In Azerbaijan this year 1.8% growth is forecasted, in the next two years - 3.8% and 3.2%, in Turkey in 2018 4.5% growth is forecasted, in the next two years - 4%, in Georgia this year -4.5%, in 2019 - 4.8% , in 2020- 5% . in Russia, this year 1.5% growth is forecasted, and in two years it will be 1.8%.

According to the report, the growth rate of the global economy has slowed down to 3.1%. Economic growth in Europe and Central Asia, including Armenia, will become more moderate. In 2018 the average growth in these countries will be 3.2%, and in 2019 it will drop to 3.1%.

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