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Armenia on track to smash all-time tourism record: THIS WEEK IN BUSINESS

  • Armenia is on track to smash its all-time tourism record, with 1.85 million people visiting the country in the first nine months of the year. The majority came from Russia.
  • The IMF hiked Armenia’s projected real GDP growth this year to 7%, the highest projection for any ex-Soviet country and well above the expected regional average.
  • The Armenian government earmarked about $100 million to support the more than 100,000 Armenians forcibly displaced from their homes in Nagorno-Karabakh.

Credits: Ruptly

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