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28-11-2017 11:30 2393

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Armenia will finish 2017 with a rate of economic growth of more than 4% and in 2018 GDP growth rates will go down a little. Newly appointed Permanent Representative of IMF in Armenia Yulia Ustuygova predicts this.

"In general, 2017 was a good year for Armenia, especially compared to 2016 when there was no growth practicaly. The growth of economic activity in 2017 was mainly conditioned by the growth of industry, trade and services. In 2018, economic growth may slightly reduce, but at a moderate pace, "she said, noting that the growth in 2018 will depend on the final annual indices.

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