Armenian Deputy Economy Minister Narek Teryan said there are $1.2bn investment projects in ‘our portfolio’, which will be gradually implemented in 2023.
In an interview with the Public Television of Armenia he said this will allow to maintain the economic momentum Armenia had last year.
Earlier, Economy Minister Vahan Kerobyan said the real economic growth in 2022 was expected to be around 13-14%, while the nominal growth would amount to 22-23%.
The original growth for 2022 projected by the government is 7%, while inflation is set at 4% (±1.5%).
Armenia's GDP in the third quarter of 2022 recorded an increase of 14.8% compared to the same period in 2021, ARKA reports.
