Armenia

Armenia drafts big, “revolutionary” budget

Ani Mejlumyan for Eurasianet December 10, 2019

The new budget would substantially increase tax revenues and expenditures, but the government’s macroeconomic projections have been received skeptically.

IMF Blog: Frontier market borrowing binge

International Monetary Fund November 25, 2019

Rock bottom global interest rates have been a boon for so-called frontier-market countries, which have been able to borrow cheaply to finance their development needs. But there can be too much of a good thing

EBRD: Pace of emerging Europe economic growth slows as global outlook weakens

EBRD in London November 6, 2019

The pace of growth in the EBRD’s emerging economies is slowing on the back of a weaker global economic outlook, and pressure from slower growth in the Eurozone and China, US/Chinese trade tensions and a contraction in world automobile production, acc

Russia accounts for 97% of the trade in the EEU

Sam Bhutia of Eurasianet October 23, 2019

Russia dominates the trade within the Eurasia Economic Union (EEU). In 2018 trade with Russia accounted for 96.9% of all trade within the Eurasian Union; trade among the four smaller countries accounted for the remaining 3.1%.

Pashinian allies lament slow pace of change in the new Armenia

Eurasianet October 15, 2019

The new government has an overwhelming mandate for change. But the prime minister’s fear of unpopularity has hamstrung his ambitious agenda.

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