Armenia Country Economic Update, Winter 2019 : A Strong Mandate for Change Amid a Global Slowdown
Following an initial spike in early 2018, Armenia’s economic performance slowed during the rest of the year, but still estimated to have above 5 percent growth for the year. Inflationary pressures remained low, while the external balances deteriora...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/270691552624070040/Armenia-Country-Economic-Update-A-Strong-Mandate-for-Change-Amid-a-Global-Slowdown http://hdl.handle.net/10986/31422 |
| Summary: | Following an initial spike in early
2018, Armenia’s economic performance slowed during the rest
of the year, but still estimated to have above 5 percent
growth for the year. Inflationary pressures remained low,
while the external balances deteriorated. The
overperformance of the fiscal accounts reflected strong
revenue collection, sound control over current spending, and
underperformance of capital expenditure. The outlook,
however, is more conservative. |
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