According to the latest Macroeconomic Outlook by the Eurasian Development Bank (EDB), the likelihood of a sharp outflow of capital and labor resources from Armenia has significantly decreased.
The bank's experts predict that any such outflow will occur gradually, allowing the country's economy to adapt to new conditions.
However, EDB analysts caution that risks remain, particularly those tied to potential deterioration in the geopolitical situation in the region. They warn that such developments could lead to increased inflationary pressures, weakened external demand, and a higher country risk premium.
Unlike previous forecasts where a sharp capital outflow was identified as a major risk to Armenia's economy, the current assessment is considerably more optimistic.
