Browsing documents with the theme of Armenia
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Smart Tech in the Caucasus
This is the first in a series of introductions to Smart City programs, which have been launched, or which are planned, across the CIS-Eurasia region. Other reports in the series will look separately at programs in Belarus, Ukraine, and Russia, and also across the Central Asia region. These reports aim only to provide an overview of existing smart city and technology projects and of current and future State plans for developing “e-” and technology projects in each of the countries across the region.
Transcript of Macro-Advisory’s 2017 Autumn Briefing
Speaker: Dmitry Pankin, Chairman of the Management Board, Eurasian Development Bank
Mr Pankin spoke about developments in the Eurasian Economic Union, sanctions, and the One Belt, One Road project.
Armenia Country Profile
Economy vulnerable to Russia’s recession. Armenia’s economic performance will be poor this year because of the impact of the Russian ruble collapse and because of an expected drop in remittances from Armenian workers in Russia. In 2013, these remittances contributed over 21% of GDP, while for 2015 the contribution is expected to fall below 15%. Real GDP growth, which exceeded 7% in 2012, is expected to be only 1% for this year. The IMF forecasts negative growth.