Finanzminister: Armeniens Wirtschaftswachstum wird im Jahr 2025 voraussichtlich 5,1 % statt 5,6 % betragen
https://news.am/eng/news/855286.html
Von Yurkovskii
Finanzminister: Armeniens Wirtschaftswachstum wird im Jahr 2025 voraussichtlich 5,1 % statt 5,6 % betragen
https://news.am/eng/news/855286.html
Von Yurkovskii
2 Kommentare
>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.
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.