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HomelandEconomyWorld Bank: Armenia To Record 2.8% GDP Decline In 2020, 4.9% Rise In 2021.

According to the predictions of the World Bank, the GDP of Armenia in 2020 will decline by 2.8% and will rise by 4.9% in 2021. As ARMENPRESS was informed from the Yerevan office of the World Bank, the data is published in the June report of the Bank called “Global Economic Prospects.”

The WB experts noted that the global economy will decline by 5.2%, which will be the greatest recession the world has seen since WWII.

H/T ArmenPress

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