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IMF prognosis

By Messenger Staff
Thursday, May 14
According to an IMF prognosis the Georgian economy will grow by 1% and the Azerbaijani by 2.5% in 2009 but Armenia will be mired in recession even in 2010. IMF predicts that Armenia will see zero GDP growth even in that year.

In 2010 the Azerbaijani economy will see very impressive growth, GDP will increase 12.3%, as opposed to 3% in Georgia.