Armenia - Country Economic Update : A Strong Mandate for Change Amid a Global Slowdown (English)

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.

Document also available in : Armenian

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Author

Manookian Salmasi,Armineh;

Bogdan,Olena;
Document Date
2019/03/01
Document Type
Working Paper
Report Number
135313
Volume No
1
Total Volume(s)
1
Country
Armenia,
Region
Europe and Central Asia,
Disclosure Date
2019/03/15
Disclosure Status
Disclosed
Doc Name
Armenia - Country Economic Update : A Strong Mandate for Change Amid a Global Slowdown
Keywords
flat personal income tax rate

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Citation

Manookian Salmasi,Armineh; Bogdan,Olena.

Armenia - Country Economic Update : A Strong Mandate for Change Amid a Global Slowdown (English). Country Economic Update Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/270691552624070040

Armenia - Country Economic Update : A Strong Mandate for Change Amid a Global Slowdown (English)

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