News - Central Bank chief: Armenia economy in 2024 will continue to be under influence of past years’ positive effects

Armenia's economic growth in 2024 will continue to feel the positive effects of previous years. Martin Galstyan, Governor of the Central Bank of Armenia (CBA), announced this during the debates on the country’s 2024 state budget draft in the National Assembly of Armenia Wednesday. According to him, this high level will be reflected in all sectors of the Armenian economy. "Nevertheless, in order to ensure a high level of economic growth, it will be necessary to promote exports and the investment climate. It will depend also on large investment infrastructure projects and compliance with their implementation timeframes," added the CBA governor.