Armenia : ASIAN DEVELOPMENT OUTLOOK 2013 .
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The economy grew strongly in 2012. Prudent fiscal and monetary policies helped control inflation, narrow
deficits in the budget and current account, and keep the ratio of external public debt to GDP m...
anageable.
Growth will likely continue over the medium term if the government implements plans to accelerate
structural reform and mobilize revenues essential for prudent social and development expenditures.
---------- Sources : Asian Development Outlook Database (Armenia) - http://www.adb.org/sites/default/files/ado2013-armenia.pdf
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