Socio-economic growth slows in April for Armenia, predicts “Lus” Foundation analysis
The socio-economic growth in Armenia has slowed in April with a decline in GDP growth and service sector growth. Taxable income has also decreased, indicating a lack of adequate taxation. On the other hand, consumer loans have increased significantly, surpassing other macroeconomic indicators. Read the full analysis here.
“Lus” Foundation Demands Urgent Action as Residential Prices in Armenia Expected to Rise by 7% in 2023 and 5% in 2024: Global Reports Highlight Government’s Failures
The Lus foundation compared residential price increases in Armenia with international real estate markets and government decisions. According to a report by the AMF, Armenia is predicted to see a 7% increase in 2023 and 5% in 2024, while the World Bank predicts higher increases. Government measures indicate a minimum 7% increase in 2024. Official links to reports are available.