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The scenarios of the World Bank Group’s Europe and Central Asia Economic Update for Spring 2020 suggest that regional growth will fall into a recession in 2020, contracting to between −4.4 and −2.8 percent, held back by the coronavirus pandemic, before rebounding in 2021 as policy measures are introduced, global commodity prices gradually recover, and trade strengthens. 

And as per these scenarios, Armenia's economic growth in 2020 will be 1.7% according to the optimistic scenario.

 

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