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    Finanzminister: Armeniens Wirtschaftswachstum wird im Jahr 2025 voraussichtlich 5,1 % statt 5,6 % betragen


    Finanzminister: Armeniens Wirtschaftswachstum wird im Jahr 2025 voraussichtlich 5,1 % statt 5,6 % betragen

    https://news.am/eng/news/855286.html

    Von Yurkovskii

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    2 Comments

    1. pride_of_artaxias on

      >State budget revenues will amount to 2 trillion 837 billion drams, which is 35.5 billion drams less than the initial version. The noted reduction is mainly caused by the reduction of tax revenues as a result of the revaluation of the gross domestic product.

      As predicted by everyone. You can’t hope o sustain such levels of growth in Armenia with just reexporting stuff to Russia or serving as its export middleman. I would like to think the relevant departments had foreseen this expected outcome and planned accordingly for it.

    2. hoodiemeloforensics on

      There are 2 proven ways to increase economic growth. Higher value production and increased population.

      Higher value production means a combination of stronger education and moving up the value chain in manufacturing in a way that’s internationally competitive. Armenia is all mines, but little processing. There’s a lot of room for improvement here.

      As for higher population, it is the greatest challenge Armenia faces today. If achieved, it will literally save the country.

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