Publication: Armenia Country Economic Update, Winter 2019: A Strong Mandate for Change Amid a Global Slowdown
Date
2019-03
ISSN
Published
2019-03
Author(s)
World Bank Group
Abstract
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.
Citation
“World Bank Group. 2019. Armenia Country Economic Update, Winter 2019; Armenia Country Economic Update, Winter 2019 : A Strong Mandate for Change Amid a Global Slowdown. © World Bank, Washington, DC. http://openknowledge.worldbank.org/handle/10986/31422 License: CC BY 3.0 IGO.”