How does a country that is at virtual war have such a strong economy? And imagine how much stronger Armenia's position would be if Russia and the Turks left Armenia in peace for 10 years....
Bingo. Much of Armenia's economic boom is coming off the back of a) young professional Russians fleeing conscription and setting up business in Armenia, and b) Armenia re-exporting goods to now-heavily sanctioned Russia. The key now is for Armenia to use that boost in wealth wisely. Modernize the military, invest in Syunik's connection with Iran, encourage foreign investment across all the provinces. Հայաստան առաջին, Հայաստան ընդմիշտ.
These economic "growth" numbers are highly suspect. "Industry"???? what exactly does this mean? GDP growth isn't the best indicator of how average citizens are faring.
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How does a country that is at virtual war have such a strong economy? And imagine how much stronger Armenia's position would be if Russia and the Turks left Armenia in peace for 10 years....
If not for the war in ukraine this wouldnt be happening its good that it is but its not going to last forever
Armenia for some reason is favorable for foreigners, which brings forth investment and economic development
Bingo. Much of Armenia's economic boom is coming off the back of a) young professional Russians fleeing conscription and setting up business in Armenia, and b) Armenia re-exporting goods to now-heavily sanctioned Russia.
The key now is for Armenia to use that boost in wealth wisely. Modernize the military, invest in Syunik's connection with Iran, encourage foreign investment across all the provinces.
Հայաստան առաջին, Հայաստան ընդմիշտ.
Because Armenia is powerful 🇦🇲💪
Strong
These economic "growth" numbers are highly suspect. "Industry"???? what exactly does this mean? GDP growth isn't the best indicator of how average citizens are faring.