Large-scale foreign investments remain the only way to meet the promised targets of economic growth,the paper says, citing recent statements by government officials.
Although the ministers of finance, or economic developments and reforms give assurances that the records will exceed the budgetary expectations,the Central Bank of Armenia forecasts a 3.2% economic growth (instead of the promised 22%), says the paper.
Given the restrictions to attract debts and the CBA’s exhausted resources to promote further growth, or investments in large amounts remain the only choice to meet the expectations.
Source: tert.am