IMF downs Armenia’s economic growth forecast for 2014
By Jamila Babayeva
The International Monetary Fund (IMF) has reduced economic growth forecast in Armenia for 2014 by about half a percentage point.
The economic growth in Armenia will be 4.3 percent, the fund's recent "World Economic Outlook" report specified.
The IMF's report published in October 2013 predicted that economic growth in Armenia will be recorded at 4.8 percent in 2014.
Armenia's state budget for 2014 provided economic growth at 5.2 percent.
Armenia achieved a 3.5 percent economic growth in 2013.
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