Armenian central bank increases growth projection from 6,9% to 7,2%

YEREVAN, SEPTEMBER 12, ARMENPRESS. The Armenian Central Bank has increased its projection for the country’s economic growth this year from 6,9% to 7,2%, Central Bank Governor Martin Galstyan said Tuesday.

“We’ve slightly revised the economic growth indicator, and instead of the previously projected 6,9 percent we are now forecasting 7,2 percent, mostly due to the high growth in services and construction sectors,” Galstyan said at a press conference.