YEREVAN. – Past daily of the Republic of Armenia (RA) writes: The fact that Armenia’s economy is in a rather difficult situation is regularly noted by both the RA expert community and a number of rather authoritative international organizations.

The fact is that the RA economy is not able to recover from the post-Covid and post-war shock, and the authorities are not taking any concrete steps to find appropriate solutions and regulations in the current situation.

Add to this the Russian-Ukrainian conflict, which, in the economists’ conviction, will leave a quite major impact on the RA economy.

Experts note that, unfortunately, the wave of non-promising forecasts in connection with the RA economy will be continuous, with all its grave consequences. In particular, they predict negative indicators in 2022 in virtually all sectors of the [country’s] economy, and note that positive trends are possible only in the agricultural sector—but due to a favorable year in terms of weather, as well as the low number of people leaving from rural settlements to the RF [(Russian Federation)] for work abroad.

By the way, it is not ruled out that in some respects positive indicators will be registered in the tourism sector as well.

According to our information, all hope of the current [Armenian] authorities is only these two sectors: agriculture and tourism.